Microsoft shares priced at $497.515 amid AI spending push
Microsoft priced shares at $497.515 while management highlighted a key measure tied to how much useful output it can produce per dollar and watt for its AI spending push.
Microsoft NASDAQ:MSFT, the software and cloud giant, put a new label on its massive AI spending push Wednesday, with shares priced at $497.515.
Management calls the key measure useful yieldhow many valuable tokens Microsoft can produce from every dollar and watt.
That metric matters when quarterly…