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Microsoft (MSFT) Soars on Maia 200 AI Chip Launch as Raymond James Affirms Bullish Outlook

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The Story

News Summary

  • Microsoft shares rose 2% after launching the Maia 200 AI chip.
  • Raymond James reaffirmed an Outperform rating with a $600 price target, citing strong fundamentals and revenue growth despite potential supply constraints and competitive pressures in AI and cloud segments.
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MSFT price history

495.63 +5.23% over the displayed period

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