NVDA - Microsoft's AI Advantage In Q3 2024 Shows It's Worth More Than $3 Trillion
2024-04-25 18:30:14 ET
Summary
- Microsoft Corporation continues to demonstrate a solid outlook on capturing of emerging AI growth opportunities, reinforced by accelerating Azure growth in F3Q24.
- The company's competitive advantage lies in its expansive business and market leadership that covers key layers of the AI monetization roadmap, spanning infrastructure, large language models, and end-user software applications.
- This continues to position Microsoft favorably for continuing its streak of sustained double-digit percentage growth and margin expansion at scale despite the sheer size of its installed base.
Despite giving in to the April rout amid renewed market jitters on a higher for longer interest rate backdrop and geopolitical unrest, Microsoft Corporation ( MSFT ) remains poised as a resilient gainer. This is corroborated by its robust March quarter results and managements optimism on a solid outlook underpinned by continued capture of emerging artificial intelligence ("AI") growth opportunities....
Microsoft's AI Advantage In Q3 2024 Shows It's Worth More Than $3 Trillion