Microsoft is approaching a market valuation of $4 trillion after a strong recovery in its share price.

The company’s market value stood at approximately $3.97 trillion at Friday’s close, bringing it close to its previous record.

The recovery follows a period when investors questioned the strength of Microsoft’s cloud-computing growth and the long-term durability of its software business.

More recently, investors have responded positively to the company’s artificial-intelligence strategy and its position in enterprise technology.

Microsoft’s Azure cloud platform remains a major part of that strategy, providing computing infrastructure for businesses developing and operating AI applications.

Its Copilot products are also designed to integrate AI into workplace tools used by millions of customers.

The company has benefited from growing demand for AI services, although investors continue to examine whether the revenue generated will justify the industry’s enormous infrastructure costs.

A return to a $4 trillion valuation would mark a significant recovery for Microsoft and reinforce its position among the world’s largest publicly traded companies.

However, its market value remains dependent on investor expectations and can change with share-price movements.

Source: MarketWatch.