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Yuvi.
$MSFT
微软更聚焦企业AI，为什么市场可能欢迎？
资本开支的价值取决于能否进入企业订阅、云服务与生产力软件收入。聚焦商业化有助于减少无效投入并改善利润预期。
若云增长放缓，收入跟不上折旧与成本，我会下调估值判断。
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