Microsoft reached a market value of $3 trillion for the first time in its 48-year history. This comes after Microsoft shares rose 1.5% in NASDAQ trading on Wednesday. Thus, Microsoft became the second company after Apple to reach a market value of $ 3.

In recent months, Microsoft shares have been actively growing: the company turned investors’ excitement about artificial intelligence to its advantage. For example, Microsoft announced prices for its Copilot service for Microsoft 365 last year, and investors reacted to this with a noticeable increase in share prices. And in recent months, the company has announced new AI-related features and products in one way or another almost every week.

Over the last five years, Microsoft’s share price has increased from $107 to $404. In recent years, Microsoft, led by Satya Nadella, has acquired many companies dealing with artificial intelligence and invested more than $10 billion in OpenAI, the creator of ChatGPT.