Here’s What JPMorgan Thinks About Microsoft (MSFT) and Chevron’s 20-Year Agreeme

Microsoft Corporation (NASDAQ:MSFT) is one of the best trending AI stocks to watch in 2026. Following Microsoft Corporation (NASDAQ:MSFT) and Chevron's signing of a 20-year agreement to supply natural-gas- fired power to a data-center campus in West Texas, JPMorgan stated that it considers the offtake as durable and believes "the most compelling element of the structure" is its behind-the-meter design, whereby the plant generates its own power on-site and feeds the campus directly, without drawing on the grid or involving a local utility. The firm further stated that it sees the deal providing "valuable diversification" against the balance of Chevron's commodity-price-exposed portfolio.

In a separate development, Reuters reported on June 16 that Oracle clarified that the details mentioned in a Business Insider ​report regarding the collapse of its discussions with Microsoft Corporation (NASDAQ:MSFT) over a potential leasing deal were inaccurate. The report had stated that Microsoft Corporation (NASDAQ:MSFT) and Oracle's discussions about a cloud infrastructure ​leasing deal fell apart due to security ​and compliance concerns. Reuters further stated that it could not immediately ve

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/jpmorgan-thinks-microsoft-msft-chevron-190905266.html)