Microsoft s market capitalization of 3 12 trillion broke Apple s record

Mondo Technology Updated on 2024-02-13

Recently, Microsoft started with 3The $12 trillion market capitalization has set a new record for the world's highest market capitalization, surpassing Apple's 3.5 percent set last yearA record of 09 trillion dollars. This feat not only makes Microsoft the most valuable company in the world, but also marks its leadership in the global technology sector.

Microsoft's share price has also increased in line with its market capitalization, reaching 420 as of February 9$55, an increase of 156%。Notably, Microsoft's significant advancements in AI software are the main reason driving its stock price soaring. Over the past 12 months, Microsoft's stock price has increased by 60%. Last month, the company reported quarterly revenue and profit that beat Wall Street's expectations, with management specifically mentioning the company's achievements in the field of artificial intelligence.

Satya Nadella, CEO of Microsoft, said: "We have moved from talking about AI to applying AI at scale. By infusing AI at every layer of our tech stack, we are winning new customers and helping to drive new benefits and productivity growth in every industry. ”

Nadella also stressed the inadmissibility of the tech sector and downplayed the news that Microsoft had surpassed Apple in market capitalization to become the world's most valuable company, calling the milestone a "lagging indicator" while expressing a strategic focus on future developments. He believes that as the AI landscape continues to evolve, Microsoft will find new opportunities in new interfaces and application models.

Microsoft's achievement is not just a digital game, but also a reflection of its technological leadership and market influence. As Microsoft continues to drive innovation in AI, cloud computing, and other key technology areas, the growth in its market capitalization also reflects the huge potential of AI technology and the far-reaching impact on future business models. At a time when the technology industry is becoming increasingly competitive, Microsoft's achievements have undoubtedly added luster to its position in the global technology competition.

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