Microsoft has announced that it has become only the second company in history to exceed a market capitalization of $4 trillion, driven by sustained momentum in its stock performance. This milestone follows robust quarterly results and accelerated growth in key areas, notably artificial intelligence and cloud computing services.
While Microsoft reached this significant valuation, chipmaker Nvidia continues to lead the market with an even higher valuation of $4.4 trillion.
The surge in Microsoft’s stock price, which rose by as much as 5% at the start of trading in the US, reflects investor confidence fueled by the company’s strong quarterly performance. The financial quarter ending in June saw Microsoft’s revenue increase by 18%, surpassing $76 billion, while net profit grew by 25% to reach $27 billion.
This achievement highlights Microsoft’s prominent position in technology innovation, particularly in AI and cloud sectors, reinforcing its role as a market leader alongside industry peers like Nvidia.
