Analog computing has been recently revived due to its potential for energy-efficient and highly parallel computations. In this paper, we investigate analog computers that linearly process microwave signals, named microwave linear analog computers (MiLACs), and their applications in signal processing for communications. We model a MiLAC as a multiport microwave network with tunable impedance components, which enables the execution of mathematical operations by reconfiguring the microwave network and applying input signals at its ports. We demonstrate that a MiLAC can efficiently compute the linear minimum mean square error (LMMSE) estimator, widely used in multiple-input multiple-output (MIMO) communications beamforming and detection, with remarkably low computational complexity, unachievable through digital computing. Specifically, the LMMSE estimator can be computed with complexity growing with the square of its input size, rather than the cube, with revolutionary applications to gigantic MIMO beamforming and detection.