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News 2026-10-12 15:00 UTC

BUZZ — Microsoft becomes $4 trillion company once again a year later

* Microsoft shares rise 1% to $540.50, market valuation exceeds $4 tln the first time in ~1 year * MSFT Monday announces next-gen Maia 300 custom AI chip, designed to handle AI data-crunching such as coding and carrying out complex business tasks on a user's behalf * Says new chips will get ~40% more useful computing d