Microsoft vs. Nvidia: Which AI Giant Is More Likely to Double Your Money?

Quick Read

• NVIDIA grew revenue 85% to $81.6B, but Microsoft’s lower $3.6T market cap and contracted revenue make it the stronger bet to double.

• Microsoft’s $678B in pre-booked commercial obligations and 30 million Copilot seats build a monetization engine that compounds for years.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn’t make the cut. Grab the names FREE today.

Microsoft (NASDAQ:MSFT) and NVIDIA (NASDAQ:NVDA) just posted the two most consequential AI earnings reports of the year. Microsoft closed fiscal 2026 with Azure surpassing $100 billion in annual revenue and Microsoft 365 Copilot exceeding 30 million paid seats.

NVIDIA followed with a quarter that felt closer to a coronation, delivering $81.6 billion in revenue, up 85% year over year. The question worth answering is which of these giants has the more credible path to doubling from here.

Azure Sells Software. Blackwell Sells Everything Else

Microsoft is monetizing AI through contracts, seats, and consumption. Commercial remaining performance obligations reached $678 billion, up 84% year over year, which is a very large amount of pre-booked revenue that de-risks the next several years.

NVIDIA sells the underlying hardware, and the pricing power shows. Non-GAAP gross margin held at 75% even as Blackwell systems dominated the mix, and…