BREAKING: Microsoft Becomes Second Company Ever To Top $3 Trillion Valuation [DETAILS]—-Microsoft crossed a $3 trillion market capitalization for the first time in its history Wednesday, commemorating the long-time tech leader’s massive artificial intelligence win.
Microsoft CEO Satya Nadella has led his company to a record market value amid the AI boom
Shares of Microsoft rallied in morning trading as much as 1.5% to $404.70, their highest price ever.
That sent Microsoft’s market cap to $3.004 trillion.
Apple, which became the only firm to ever score a $3 trillion valuation last summer, remains slightly more valuable than Microsoft, with a $3.03 trillion market cap Wednesday.