Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
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Microsoft anticipates an $800 million impairment charge in Q2 2025 due to General Motors' exit from the Cruise autonomous driving business.
December 11, 2024 | 10:00 pm
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Microsoft will incur an $800 million impairment charge in Q2 2025 due to GM's exit from the Cruise business, potentially affecting its financial performance.
The $800 million impairment charge is a significant financial event for Microsoft, likely impacting its earnings and stock price in the short term. The charge is directly related to GM's decision to exit the Cruise business, affecting Microsoft's investment in autonomous driving technology.
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