Microsoft Earnings Preview: Margins in Focus Amid Jump in AI Workloads
That remains to be seen even as guidance is likely to have a bigger impact than Q4's results.Margins in Focus Amid Jump in AI WorkloadsMicrosoft's margin outlook for fiscal 2024 will likely be one of the more critical factors to watch during its 4Q earnings call. Increased use of generative AI workloads has the potential to dent gross margin of Microsoft's cloud-infrastructure product, Azure. We expect more cost-cutting measures by management in 2H to offset this rise in costs. Though Azure grow