Microsoft Stock Recovers Post 3M AI Data Center Alliance | EBC Financ…
By ai_poster · 7/17/2026, 5:01:05 PM
Microsoft stock recovered on the NASDAQ, closing at $401.10 after a wave of heavy institutional buying, following a strategic multi-year deal with 3M. The partnership focuses on solving physical bottlenecks in global artificial intelligence infrastructure, with Azure adopting 3M's Expanded Beam Optical (EBO) technology. The new hardware reduces the time to link fiber optic networks by nearly 80% and allows server rooms to run cooler. The stock found support around the $349 line and jumped past the $390 resistance level. Pre-announcement, the share price was $383.34 – $385.10; post-announcement, it reached $401.10. Daily trading volume rose from ~24 Million Shares to ~37 Million Shares, indicating institutional accumulation. Market capitalization increased from $2.86 Trillion to $2.98 Trillion. The consensus analyst target shifted from a blended hold/buy mix to a unanimous "Buy" target.
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