MSFT Stock Looks Set to Rejoin the $4 Trillion Club as Microsoft Gets More Ambitious With AI

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Mohit OberoiFri, Sep 19, 2025, 8:13 PM 4 min readFollowing its fiscal Q4 2025 earnings release in July, Microsoft (MSFT) joined Nvidia (NVDA) in the $4 trillion club. However, MSFT stock has since come off its highs, and its market cap has plunged below $4 trillion. Meanwhile, Microsoft is getting more ambitious in its artificial intelligence (AI) initiatives and has announced fresh investments stateside as well as globally. Can Microsoft reclaim its $4 trillion market cap amid its aggressive AI pivot? Let's dive in.www.barchart.comMicrosoft’s AI strategy is two-pronged. The company is investing organically and expanding its data center infrastructure. At the same time, the company has poured billions of dollars into OpenAI, and although not all is reportedly well between the two companies, it still remains a significant moving part of Microsoft’s overall AI strategy.Is SoFi Stock a Buy at New All-Time Highs?Can IONQ Stock Reach $80 in 2025?The $1 Billion Reason to Buy Palantir Stock This WeekStop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!Microsoft is meanwhile doubling down on AI and expects the capex in the September quarter to be over $30 billion, which would be a record for the company. Here are some of the numbers and comments related to the AI business that the company provided during the fiscal Q4 2025 earnings call.Microsoft said that Copilot has 100 million monthly active users. AI is also fueling GitHub usage, and during the earnings call, CEO Satya Nadella said that AI projects on GitHub have jumped over 100% over the last year.For the first time ever, Microsoft provided a dollar number for Azure and said that the business brought in revenues of $75 billion last fiscal year that ended in June 2025. For context, Amazon Web Services (AWS) had an annualized revenue run rate of $123 billion at the end of Q2. Microsoft, along with Alphabet (GOOG) (GOOGL), has been gaining market share and closing in on Amazon’s (AMZN) lead in cloud. Microsoft expects Azure, whose revenues rose by 39% in the June quarter, to grow 37% on a constant currency basis in the September quarter, with the growth being over twice that of AWS.Responding to a question on her previous comments on Azure growth eventually outstripping capex growth, CFO Amy Hood said that Microsoft is not focused “on trying to pick a date at which revenue growth and Capex growth will meet and cross.” She added, “I'm focused on building backlog, building business, and delivering capacity, which we are seeing has a good ROI today in terms of our ability to get that done,” while stressing that the focus is on increasing market share.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,664.36 +32.40 (+0.49%)Dow 3046,315.27 +172.85 (+0.37%)Nasdaq22,631.48 +160.75 (+0.72%)Russell 20002,448.77 -18.93 (-0.77%)VIX15.45 -0.25 (-1.59%)Gold3,705.80 +27.50 (+0.75%)PortfolioSign in to access your portfolioSign inTop gainersOKLO Oklo Inc. 135.23 +30.26 (+28.83%)BHF Brighthouse Financial, Inc. 57.59 +12.33 (+27.24%)QUBT Quantum Computing Inc. 23.27 +4.92 (+26.81%)MENS Jyong Biotech Ltd. 65.62 +13.87 (+26.80%)SMR NuScale Power Corporation 46.77 +8.65 (+22.69%)Top losersDXCM DexCom, Inc. 67.45 -8.33 (-10.99%)HESM Hess Midstream LP 35.36 -4.12 (-10.44%)VOR Vor Biopharma Inc. 27.24 -3.16 (-10.39%)CART Maplebear Inc. 41.50 -3.90 (-8.59%)ORLA Orla Mining Ltd. 10.22 -0.85 (-7.68%)Most activeOPEN Opendoor Technologies Inc. 9.57 -0.37 (-3.72%)INTC Intel Corporation 29.58 -0.99 (-3.24%)SNAP Snap Inc. 8.16 -0.28 (-3.32%)NVDA NVIDIA Corporation 176.67 +0.43 (+0.24%)BBAI BigBear.ai Holdings, Inc. 6.85 +0.57 (+9.08%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersDIS The Walt Disney Company 113.76 -1.10 (-0.96%)BTC-USD Bitcoin USD 115,656.48 +4.96 (+0.00%)ETH-USD Ethereum USD 4,478.40 +9.18 (+0.21%)XRP-USD XRP USD 2.98 -0.01 (-0.39%)SOL-USD Solana USD 239.46 +0.61 (+0.25%)Top economic events