The technology company surpassed the milestone after chipmaker Nvidia hit the $4tn mark earlier this month
Microsoft soared past $4tn in market valuation on Thursday, becoming the second publicly traded company after Nvidia to surpass the milestone after a blockbuster earnings report the night before.
Microsoft, headquartered in Redmond, Washington, first cracked the $1tn mark in April 2019.
Its move to $3tn was more measured than technology giants Nvidia and Apple, with the chipmaker tripling its value in just about a year and clinching the $4tn milestone before any other company on 9 July.
The technology behemoth reported booming sales in its Azure cloud computing business on Wednesday and forecast a record $30bn in capital spending for the first quarter of the current fiscal year to meet soaring AI demand.
