12 Best Cloud Stocks to Buy According to Wall Street Analysts

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8. Microsoft Corporation (NASDAQ:MSFT)

Analyst Upside: 5.69%

Number of Hedge Fund Holders: 284

Microsoft Corporation (NASDAQ:MSFT) ranks among the best cloud stocks to buy according to Wall Street analysts. The Information reported on July 2 that Microsoft Corporation (NASDAQ:MSFT) is altering its strategy for internally designed AI server chips, choosing instead to focus on less ambitious designs through 2028. This update follows Microsoft’s previous decision to postpone the delivery of its latest-generation AI chip, the Maia 200, from 2025 to 2026.

Microsoft Corporation (NASDAQ:MSFT) intends to streamline the development process by reducing the scope of some designs and prolonging the schedule for other AI chips that are currently under development. With three years to go before they are released, the company expects that these processors remain competitive with NVIDIA’s AI chips.

Microsoft Corporation (NASDAQ:MSFT) is a leading technology company known for its core software products, which include the Windows OS, Microsoft 365 suite, and Edge browser. Its product portfolio includes corporate software, software development tools, video games, gaming gear, and cloud services.

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