Microsoft (MSFT) reached a 澳洲幸运5官方开奖结果体彩网:market capitalization of more than $3 trillion Wednesday amid optimism surrounding 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) potential.

The stock gained around 1.3% to more than $405 in intraday trading Wednesday, making the tech giant the second company to reach the market capitalization milestone. Apple (AAPL) was the first company to reach a $3 trillion market cap in January 2022, but the iPhone maker has not closed at that level since June. 

ﷺEarlier ✃this year, Microsoft briefly surpassed Apple as the most valuable public company.

Microsoft has been leading the AI race through its ongoing 澳洲幸运5官方开奖结果体彩网:partnership with ChatGPT maker OpenAI. Wedbush analysts said Microsoft is “essentially the torch bearer of the global AI Revolution,” adding that the firm “believe[s] the stock has yet to price in what we view as the next wave of cloud and AI growth coming.”