Blackrock’s 30 Most Important AI Stocks

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. The following are the key factors that make this company a top choice for investors. Firstly, as per the report of the third quarter of 2024, Microsoft delivered over $245 billion in annual revenue, up 16% year-over-year, and over $109 billion in operating income, up 24%. Additionally, Microsoft cloud now also offers top performance for AI training and inference and the most diverse selection of AI accelerators, including the latest from AMD and NVIDIA, as well as first-party silicon, Azure Maia. Also, the company, in collaboration with Azure AI, is providing access to the most diverse selection of models to meet customers’ unique cost, latency, and design considerations.

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