Microsoft ( MSFT ) experienced a notable surge in its shares on Friday, marked by the release of its fiscal third-quarter earnings report. This report exceeded analysts' projections both in revenue and earnings, driven primarily by the strong performance of its cloud computing division. In a statement, Microsoft CEO Satya Nadella highlighted the transformative impact of the company's AI offerings, such as Microsoft Copilot and Copilot stack, in driving improved business outcomes across various industries and roles. The tech giant revealed that its AI services contributed significantly to the growth of its Azure and other cloud services revenue, accounting for 7 percentage points of growth in the third quarter. This figure marks a notable increase from the preceding quarter, where AI services contributed 6 percentage points, and underscores Microsoft's accelerating momentum in AI-driven solutions. Rising Demand Outpaces Available AI Capacity During the earnings call, Micros