New York, May 21, 2026, 15:01 (EDT) Microsoft Corporation shares edged lower in mid-afternoon trading on Thursday, even as a fresh report on Anthropic’s possible use of Microsoft-designed AI chips gave investors another reason to test the company’s heavy artificial-intelligence spending. MSFT was down about 0.3% at $419.62, while the Invesco QQQ Trust rose about 0.2% and the SPDR S&P 500 ETF gained about 0.3%; Microsoft’s market value stood near $3.12 trillion. Why it matters now is simple. Microsoft has told investors it is spending at scale to build cloud and AI capacity, and the market is asking whether those