Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia.

Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout.

Microsoft, opens new tab hit $4 trillion in stock market value on Thursday, becoming the second publicly traded company after Nvidia (NVDA.O), opens new tab to surpass that milestone following a blockbuster earnings report that showed its massive bets on AI are paying off.