Microsoft (NASDAQ: MSFT), and what their recent news means for AI stock investors. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 30,

KEY TAKEAWAYS Nvidia shares are surging in premarket trading as two of its key customers—Microsoft and Meta Platforms—posted strong results and committed to continuing their heavy artificial intelligence (AI) spending.

Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after Meta Platforms and Microsoft results beat Wall Street expectations.