Microsoft Surpasses Apple As ‘World Most Expensive Company’

Thanks to the ‘AI craze’… Microsoft surpasses Apple as ‘World most expensive company’ The U.S. stock market is hitting record highs again with the artificial intelligence and AI craze. Microsoft’s market capitalization exceeded $3 trillion, making it the most expensive company in the world. This is reporter Kim Seo-yeon. The closing bell rings at the New York Stock Exchange, and cheers of joy erupt. The S&P 500 index reached an all-time high for five consecutive trading days.

The U.S. economic growth rate for the fourth quarter was announced at 3.3%, exceeding initial expectations, and pushing the index up once again. At the center were AI technology stocks. Microsoft, Google Alphabet, and Facebook Meta all hit record highs. In particular, Microsoft, which achieved great success through its investment in ChatGPT, surpassed $3 trillion in market capitalization.

Last year, it beat Apple, which reached a market cap of $3 trillion, one step ahead, and became the most expensive company in the world. The Wall Street Journal assessed that “Microsoft, one of the oldest technology companies, is leading the AI ​​revolution.” On the other hand, Tesla, which was on a roll by heralding the era of electric vehicles, has seen its momentum decline significantly. In just one day, stock prices plummeted 12%, and 107 trillion won of our money disappeared.

[Rob Howarth / Senior Investment Strategy Director, US Bank Asset Management Group: Tesla is having a difficult start this year. The problem is whether it is a technology company or an automobile company, and in fact, it is an automobile company. Demand for electric vehicles in the United States is sluggish.] Some are even calling for Tesla to be kicked out of the group of seven large technology stocks called the ‘Magnificent 7.’

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