Microsoft crossed a $3 trillion market capitalization for the first time in its history Wednesday, <a href="https://www.forbes.com/sites/dereksaul/2023/11/20/microsoft-stock-hits-all-time-high-after-hiring-ex-openais-sam-altman/?sh=3a4942c978d2" target="_self" class="color-link" title="https://www.forbes.com/sites/dereksaul/2023/11/20/microsoft-stock-hits-all-time-high-after-hiring-ex-openais-sam-altman/?sh=3a4942c978d2" data-ga-track="InternalLink:https://www.forbes.com/sites/dereksaul/2023/11/20/microsoft-stock-hits-all-time-high-after-hiring-ex-openais-sam-altman/?sh=3a4942c978d2" aria-label="commemorating">commemorating</a> the long-time tech leader’s massive artificial intelligence win.

<div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/65b131fb439544d88d600f27/SWITZERLAND-DIPLOMACY-ECONOMY-SUMMIT-DAVOS/960x0.jpg?cropX1=0&amp;cropX2=2231&amp;cropY1=231&amp;cropY2=1485" alt="SWITZERLAND-DIPLOMACY-ECONOMY-SUMMIT-DAVOS" width="100%" height="auto"></div><figcaption><fbs-accordion><p class="color-body light-text">Microsoft CEO Satya Nadella has led his company to a record market value amid the AI boom.</p></fbs-accordion><small>AFP via Getty Images</small></figcaption>

 <div class="key-facts-element"> <p>Shares of Microsoft rallied in morning trading as much as 1.5% to $404.70, their highest price ever.</p>  </div> <div class="key-facts-element"> <p>That sent Microsoft’s market cap to $3.004 trillion.</p>  </div> <div class="key-facts-element"> <p>Apple, which became the only firm to ever score a $3 trillion valuation last summer, remains slightly more valuable than Microsoft, with a $3.03 trillion market cap Wednesday.</p>  </div>


<em>This is a breaking news story and will be updated.</em>

Microsoft joined Apple in the highly exclusive $3 trillion club Wednesday.  
{ai:summary}<p>Microsoft reached a $3 trillion market cap, driven by its success in artificial intelligence. Microsoft's CEO, Satya Nadella, has propelled the company to a record market value. #economy</p>

Microsoft Becomes Second Company Ever To Top $3 Trillion Valuation

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