Tech giants are getting caught in a compute conundrum

Microsoft CEO Satya Nadella Sven Hoppe/picture alliance via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. The past 12 months have not been kind to Microsoft. Once the most valuable company in the world, the Big Tech titan's share price has been sliding. Microsoft's stock dropped 19% in June, its worst month since the dot-com crash. Some of its top brands, like Microsoft 365, Copilot, and Xbox,…