Microsoft became the second-ever company worth $3 trillion on Wednesday as the artificial intelligence boom sent shares of the company’s stock soaring higher.
For comparison, Microsoft’s market value is now larger than the entire GDP of France and just behind that of the United Kingdom.
The stock rose by nearly 1.5% to about $405 per share on Wednesday afternoon, exceeding a $3 trillion market capitalization and joining Apple as the only other company to have reached the historic milestone.
Shares of Microsoft are up more than 7% year to date
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