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Wedbush Analyst Forecasts Microsoft Market Cap to Surpass $5 Trillion in 18 Months
1 day ago /
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Author：小编
Microsoft analyst Daniel Ives has revised his target price for Microsoft upwards to $600, attributing this increase to the widespread adoption of Azure services, fueled by artificial intelligence (AI). He projects that Microsoft's market capitalization could hit $5 trillion within the next 18 months, emphasizing that profits from AI and cloud computing will continue to expand. Notably, this year has seen significant adoption of AI in the finance, government, and retail sectors, with next year poised to be a pivotal moment for Microsoft. Ives asserts that AI will redefine Microsoft's cloud growth trajectory, heralding a new era of prosperity for the company.
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