Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the second quarter of fiscal year 2025, according to an SEC filing. This follows General Motors Co (NYSE: GM) exit from funding Cruise‘s robotaxi development.
Microsoft Expects $800 Million Impairment Charge Due To GM’s Cruise Exit, Analyst Says It’s A ‘Step In The Right Direction’ For Automaker
