• 3M shares are advancing steadily. What’s driving MMM shares up?3M and Microsoft Partner on AI Data Center InfrastructureThis collaboration will leverage 3M’s Expanded Beam Optical (EBO) technology, which is designed to improve fiber connections in data centers. It will make them faster to install and easier to maintain, thereby supporting the growing demand for cloud and AI workloads.The partnership will see Microsoft deploy 3M’s EBO technology in its Azure data centers, marking a significant step in enhancing enterprise transformation across various functions. This collaboration is expected to streamline processes and improve decision-making at 3M while also advancing the infrastructure needed for AI.MMM Technical Outlook: Key Levels and MomentumFrom a technical perspective, 3M Company is currently trading at $159.61, which positions it 0.9% above its 20-day simple moving average (SMA) of $160.52. The stock is also 4.8% above its 50-day SMA of $154.56, indicating a bullish trend in the short term. However, the moving average convergence divergence (MACD) is below its signal line, suggesting that upside momentum may be fading unless the stock can reclaim that baseline.The stock’s recent performance shows a 12-month gain of 3.60%, but it has encountered resistance near the $170 level, which could act as a barrier to further upside. Conversely, key support is identified at $148, where buyers have previously stepped in.MMM Earnings Preview and Analyst Price TargetsThe countdown is on: 3M Company is set to report earnings on July 21 (confirmed).