30 Most Fantastic Stocks Every Investor Should Pay Attention To

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2. Microsoft Corporation (NASDAQ:MSFT)

Market Cap: $3.78 Trillion

Number of Hedge Fund Holders: 294

Microsoft Corporation (NASDAQ:MSFT) is among the most fantastic stocks every investor should pay attention to. The company appears to be in capacity expansion mode, having recently announced several investments across multiple opportunities.

On November 3, Bloomberg reported that Microsoft Corporation (NASDAQ:MSFT) plans to invest over $8 billion through 2029 in data centers, high-performance computing, and personnel in the United Arab Emirates (UAE). According to the plan, the amount of Nvidia’s advanced chips will be significantly increased, and access to restricted critical equipment will be eased. It had deployed 21,500 chips earlier and expects to bring in an additional 60,400 chips in the coming months.

This plan was announced by Brad Smith, Microsoft’s president, who spoke to Bloomberg Television while attending the Adipec oil conference in Abu Dhabi. He further added:

“This is not money we’re raising here. It’s money we’re investing and spending here. We are seeing demand here explode.”

Microsoft already invested around $1.5 billion in 2024 in buying an Abu Dhabi-based cybersecurity tools developer, G42. Moreover, the company had invested an additional $5.8 billion in the UAE since the start of 2023. That brings the total commitment to over $15 billion between 2023 and 2029.

Apart from the UAE, the company announced a $10 billion investment in a data center in Portugal on November 11. Earlier, the company had inked a $9.7 billion deal with Australian company IREN Ltd. for AI computing capacity.

Microsoft Corporation (NASDAQ:MSFT) develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide.

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