As of February 9, local time, Microsoft's market capitalization soared, breaking through 312 trillion US dollars (equivalent to about 225 trillion yuan), successfully surpassing the market value record set by Apple last year and becoming the world's most valuable company. Historical data shows that Apple had reached 3. on July 31, 202309 trillion US dollars (equivalent to about 22 yuan.)28 trillion yuan).
Microsoft Corporation (NASDAQ***MSFT) recently reached the top of its market capitalization as the world's most valuable company, a milestone that marks the further consolidation of Microsoft's leadership position in the technology industry. With the rapid development of the field of artificial intelligence, Microsoft has successfully seized this historic opportunity and achieved a leap in market value with its strong technical strength and forward-looking strategic layout.
In Friday's trading, Microsoft shares closed up 156% to 420 per share$55 with a market cap of up to 3$12 trillion, surpassing Apple's all-time highest market capitalization set on July 31, 2023 by 309 trillion dollars. This figure not only sets a new market capitalization record in the technology industry, but also demonstrates Microsoft's strong strength and great potential in the field of artificial intelligence.
Microsoft's breakthrough in the field of artificial intelligence is mainly due to its innovation in cloud computing, generative AI tools, and natural language processing. Among them, Microsoft's intelligent cloud business Azure has a global reputation, providing enterprises with powerful computing power and data storage solutions. In addition, Microsoft has also successfully invested in OpenAI, the company behind ChatGPT, a generative AI tool, which has not only brought great returns to Microsoft, but also further strengthened its leading position in the field of artificial intelligence.
At the same time, Microsoft is actively involved in AI research and development activities around the world. Recently, Microsoft held an AI event in San Francisco, sending a positive signal to the market, and analysts have voted in favor of Microsoft's AI product momentum. In addition, Microsoft has extensive collaborations with other technology companies and research institutes to advance and apply AI technology.
As AI technology continues to evolve, Microsoft will continue to invest in its wide range of applications. Microsoft said that in the future, it will continue to devote itself to the research and development of more advanced artificial intelligence technology to provide more intelligent and convenient services for users around the world. At the same time, Microsoft will also strengthen cooperation with other enterprises and research institutions to jointly promote the development and innovation of the AI industry.
For Microsoft's achievements in reaching the top of market capitalization, industry experts have expressed their appreciation. They believe that Microsoft's breakthroughs and innovations in the field of artificial intelligence are the key factors driving its market capitalization climb. With the continuous development and popularization of AI technology, Microsoft is expected to continue to maintain its leading position in the technology industry and continue to create more business value.
In conclusion, Microsoft's rise to the top of market capitalization is an important achievement of its breakthroughs and innovations in the field of artificial intelligence. This achievement not only demonstrates Microsoft's leadership in the technology industry, but also lays a solid foundation for its future growth. With the continuous development and application of artificial intelligence technology, Microsoft will continue to lead the development trend of the technology industry and bring more intelligent and convenient services to users around the world.
It is worth mentioning that Microsoft's market value has exceeded 3 trillion US dollars (equivalent to about 21 yuan) on January 24 this year63 trillion yuan), becoming the second company after Apple to enter the "$3 trillion market value club". However, Microsoft CEO Satya Nadella has been rather low-key in the face of the good news that its market value has surpassed Apple's. He regarded this milestone as a "lagging indicator" and cautioned the outside world not to pay too much attention to stock price fluctuations, emphasizing the inadmissibility of the technology industry.
Driven by the market's enthusiasm for cloud computing and artificial intelligence (AI), Microsoft delivered record quarterly revenue in the last three months of 2023, further cementing its position as the world's number one by market capitalization.
In the cloud computing industry chain, cloud service providers occupy a core position. Globally, major cloud service vendors include Amazon, Microsoft, Google, Facebook, Apple, and Internet transformation companies such as Alibaba and Tencent in China. These enterprises provide a variety of services such as elastic computing, networking, storage, and applications. Internet data center (IDC) vendors provide cloud service providers with basic resource support such as computer rooms, equipment, water and electricity.
According to the China Academy of Information and Communications Technology, with the gradual recovery of the economy, the growth rate of the global cloud computing market will appear. It is estimated that by 2025, the global cloud computing market will exceed $600 billion, with a five-year compound growth rate of 2356%。At the same time, China's cloud computing market will continue to maintain a rapid development trend, and the market size is expected to exceed 1 trillion yuan in 2025, with a five-year compound growth rate of more than 31%. Preliminary accounting shows that by 2028, the market size of China's cloud computing will be close to 23 trillion yuan.
Looking ahead, Nadella believes that as cloud computing and AI technology continue to evolve, Microsoft will look for new growth opportunities in terms of new interfaces and application models. He also expressed interest in participating in the development of hardware that leverages AI technology and highlighted the company's strategic focus on future development.