Microsoft (MSFT): One of the Best Long-Term Stocks to Buy Now for High Returns

Microsoft Corporation (NASDAQ:MSFT) is one of the Best Long-Term Stocks to Buy Now for High Returns. On May 22, RBC Capital reiterated an “Outperform” rating and a price objective of $640.00 on the company’s stock. This comes after the investor meetings with the company’s executives. The firm remains optimistic about Microsoft Corporation (NASDAQ:MSFT)’s growth opportunity and its capability to maintain and enhance its AI leadership position.

Microsoft (MSFT): One of the Best Long-Term Stocks to Buy Now for High Returns

In a different update, Microsoft Corporation (NASDAQ:MSFT) is in talks to supply custom AI chips to Anthropic, reported CNBC. Notably, this deal will be a win for Microsoft, with the company lagging behind the cloud competitors Amazon and Google as far as supplying clients with special-purpose AI silicon is concerned.  Microsoft Corporation (NASDAQ:MSFT) announced its second-generation Maia AI chip in January. However, it is yet to make it available via its Azure cloud, reported CNBC.

In November, Microsoft Corporation (NASDAQ:MSFT) stated that it will invest $5 billion in Anthropic, with Anthropic committing to spend $30 billion on Azure.

Microsoft Corporation (NASDAQ:MSFT) is a global technology company that 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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