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Microsoft President Brad Smith said at a joint press conference with Polish Prime Minister Donald Tusk that the tech giant intended to invest additional $700 million in Poland to bolster the nation’s cybersecurity, cooperating with the Polish armed forces.

Microsoft’s President said the company would invest in a second phase of the already completed $1 billion data center project in Poland, which was announced in 2020.

Yet, no further details were provided.

Stock Performance

The shares of Microsoft Corporation (MSFT) closed 0.51% ($2.11) lower at $408.43 on Nasdaq on Friday.

The company’s total market cap now stands at $3.036 trillion.

The shares of Microsoft Corporation (MSFT) went up 12.09% in 2024, compared with a 23.30% gain for the benchmark index, S&P 500 (SPX).

The company’s shares have lost 3.10% so far this year.

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