Microsoft Overtakes Apple As World's Most Valuable Company

Microsoft has overtaken Мр Apple as the world's largest company by market capitalization, reaching a record-high of $2.887 trillion, compared to Apple's $2.875 trillion. The shift is attributed to Microsoft's strategic emphasis on generative artificial intelligence (AI), a sector gaining increasing favour among investors.

- 

Microsoft, alongside Nvidia and Amazon, has experienced substantial market surges over the past year, with its market value rising by over $1 trillion. Analysts draw parallels between this trend and the early 2000s when technology and internet companies replaced consumer and financial firms at the forefront of the market.

Microsoft's robust performance is linked to its deep focus on generative AI, with the company incorporating OpenAI's technology into its suite of productivity software. This move contributed to a rebound in its cloud-computing business in the July-September quarter. Microsoft's AI leadership positions it to challenge Google's dominance in web search. The company's market cap milestone reflects the growing importance of AI-focused tech players in the market, with notable increases seen in the market capitalizations of Nvidia, Meta Platforms, and Alphabet over the past year.