Shares of tech giant Microsoft (MSFT) rallied on Thursday, extending a strong multi-day rally, after CEO Satya Nadella shared a key update. He announced that the company’s Fairweather data center in Wisconsin is now up and running ahead of schedule. This development adds to the stock’s recent momentum, as it is now in the middle of one of its strongest rallies in years.
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Unsurprisingly, Nadella emphasized how large and powerful the new facility is by calling it the most advanced AI data center in the world. The site is built to connect hundreds of thousands of GB200 chips into one unified system. Because of this design, it will play an important role in supporting Microsoft’s growing AI needs. Impressively, the data center sits on more than 300 acres in Mt. Pleasant, Wisconsin, and is expected to reach 3.3 gigawatts of capacity by late 2027.
On top of that, the Wisconsin site is part of a wider network of connected data centers across the U.S. For instance, Microsoft previously launched a similar Fairweather facility in Atlanta, and both locations are linked through a dedicated high-speed network. This allows data to move faster between sites, which is critical for large AI workloads, and supports Microsoft’s long-term AI strategy. It is also helping drive the stock’s recent 12.5% gain over the past five trading sessions, its strongest run since 2020.
What Is the Price Target for Microsoft?
Turning to Wall Street, analysts have a Strong Buy consensus rating on MSFT stock based on 35 Buys and three Holds assigned in the past three months, as indicated by the graphic below. Furthermore, the average MSFT price target of $571.29 per share implies 36.2% upside potential.
