Nscale almost secured Microsoft $MSFT & Google $GOOGL as capacity clients🔋
Anthropic most likely outbid both of them at $45B for 460mw of compute capacity
Before, both tech giants explored renting capacity from their West Virginia location.
Regardless, this tells us hyper scalers are confident in Nscale’s ability to deliver capacity at a high quantity
Wells Fargo has raised their price target on Microsoft $MSFT ⬆️💸🎯
They have raised it to $700 from $650 while maintaining an overweight rating
Their main reason behind the increase was a CIO survey that told them customers are gradually shifting towards a hybrid model approach favoring Microsoft