President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. The Microsoft facility in Racine County, in southeastern Wisconsin, will be built on the same land where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion factory that former President Donald Trump once called "the eighth wonder of the world," before Foxconn drastically scaled back its plans. Microsoft's plans will result in 2,300 union construction jobs and some 2,000 permanent jobs over time, the White House said.
Certain Wall Street analysts are pounding the table on artificial intelligence stocks Super Micro Computer and SoundHound AI.
The tech giant wowed investors with its latest earnings update.