Microsoft's Earnings Results Show It's Delivering on Its Artificial Intelligence (AI) Promise. But Is the Stock a Buy After Recent Gains?
When looking at companies outside of Nvidia that are seeing immediate benefits from artificial intelligence (AI), one company that stands out is (NASDAQ: MSFT). And with its fiscal third-quarter results in the books, the software giant once again showed that it's delivering on its AI vision.
Let's look at how the company's results are being driven by AI and whether that makes the stock a buy at current levels.
Through its large investment in OpenAI and its ChatGP chatbot, Microsoft has been at the forefront of pushing AI into the mainstream. The company has embraced the technology and has quickly employed it throughout its various offerings. So far, this bet is paying off, evidenced by its strong earnings results.
Source Fool.com
Microsoft Corp. Stock
€391.80
1.500%
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..
