Microsoft ($MSFT) Stock Climbs to $470, Solidifies Lead Over Nvidia in Market Cap

Microsoft's stock surged to a record $467.68, pushing its market capitalization above $3.5 trillion and reclaiming its position as the world's most valuable publicly traded company. The tech giant's resurgence comes just days after Nvidia briefly overtook it, fueled by soaring demand for its AI GPUs.

Azure's robust performance, with revenue jumping 28% year-over-year, and Microsoft's aggressive AI integrations across its product suite have bolstered investor confidence. Analysts have raised price targets, citing the company's diversified revenue streams and AI-driven growth potential.

The ongoing partnership with OpenAI continues to pay dividends, with AI features being rolled out across Microsoft 365 and other enterprise services. This strategic focus on artificial intelligence has helped Microsoft's stock gain over 11% year-to-date, outpacing many of its tech peers.