Microsoft (MSFT) stock is up 21% YTD, as it makes significant strides in AI and supply chain adjustments. Its CoPilot service has been pushed to the top of priorities for the company following the surge in AI popularity this year. As a result, Microsoft is trying to further shoehorn Copilot into Windows 11 with new tools, which could bring investor interest and send MSFT higher.
Despite being behind Alphabet (GOOGL) and Meta Platforms in the race to dominate AI-driven consumer tools, Microsoft is now betting big on its own operating system. The recent updates for Copilot on Windows could elevate Microsoft into a leader in AI, all while investing in itself. Microsoft has enabled voice activation for Copilot, allowing users to launch the AI assistant using the phrase “Hey Copilot.” This new opt-in feature works across all Windows 11 devices. Further, the addition makes the tool more accessible for hands-free use.
“We believe this shift to conversational input will be as transformative as the mouse and keyboard in terms of unlocking new capabilities on the PC for the broadest set of people,” Microsoft executive vice president and consumer chief marketing officer Yusuf Mehdi said in a statement.
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In other news around MSFT, Microsoft announced earlier this month it is spending at least $10 billion with CoreWeave and up to $19.4 billion with Nebius to secure computing capacity for its artificial intelligence operations. These AI cloud deals are addressing Microsoft’s urgent need for GPU resources as demand for AI services continues to surge way beyond what’s currently available.
Microsoft’s shares have shown resilience due to its focus on AI and cloud services, driving substantial revenue growth. Analysts maintain a generally bullish outlook with price targets ranging from $520 to $650, suggesting potential upside from the current market price of $512.