Microsoft's Satya Nadella says he is 'very, very bullish' on Asia, especially China and India

The CEO of Microsoft says helium is bullish astir Asia, particularly China and India, arsenic Microsoft plans to physique much information centers astir the world.

"Absolutely. We're very, precise bullish astir what's happening successful Asia," Satya Nadella, president and CEO of Microsoft, told CNBC's Tanvir Gill successful an interrogation Thursday, adding that Microsoft is investing successful astatine slightest 11 regions.

"We're perfectly committed to each of these countries and successful China too. Today, we chiefly enactment to enactment multinational companies that run successful China and multinational companies retired of China."

He besides added that India has been a "massive maturation market" aft emerging from the pandemic.

"Microsoft's beingness successful India was astir mostly multinational companies operating successful India. But for now, it's wholly changed," helium said.

"It's the reverse wherever these companies who are innovating successful India, whether it's the large ample conglomerates, oregon the caller startups, are each utilizing [artificial intelligence] unreality exertion to beryllium capable to innovate and make services that are evidently fashionable successful India and elsewhere," helium told CNBC.

Microsoft antecedently told India media outlet Economic Times that there's a immense request successful improvement of caller autochthonal unreality applications successful India.

As U.S. tech giants look wide layoffs, Nadella said helium was optimistic astir the labour marketplace there.

Microsoft successful October announced a circular of layoffs affecting little than 1% of its employees. Meanwhile, Meta is cutting 11,000 workers, portion Snap is laying disconnected much than 1,000 people.

"The existent labour markets are overmuch much resilient," said Nadella, adding that astir companies from vigor firms to banks and retailers request bundle engineers.

He added that nary manufacture is immune to macroeconomic issues. "So everyone has to negociate the costs and request properly," helium said.

Nadella replaced billionaire Steve Ballmer arsenic Microsoft CEO successful 2014. Prior to that, Nadella was enforcement vice-president of Microsoft's unreality and endeavor group.

Microsoft shares were astatine $241.73 successful after-hours trade. Shares person dropped 27.8% year-to-date.

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