
Microsoft MSFT.O slipping 0.2% after unveiling plans for $4 bln AI data center in Wisconsin, boosting state investment to $7 bln
New facility to join $3.3 bln Mount Pleasant site, aims to house world’s most powerful AI supercomputer with Nvidia NVDA.O chips
Co says initial data center on track to open next year, with total permanent jobs expected to reach 800 after expansion
MSFT stock up about 21% YTD, outpacing Nasdaq .IXIC, which rose 17%
Stock recently at 32x expected earnings, just above 5-yr avg forward PE of 30