$Microsoft(MSFT.US) Microsoft shares have fallen 22% year-to-date, despite a record commercial backlog of $627 billion and strong demand for AI services. Investor Rick Orford highlights this disconnect, noting Microsoft's valuation is at a historical low relative to peers, suggesting a potential buying opportunity. Although half of the backlog is tied to OpenAI, leading to possible earnings volatility, overall demand and growth prospects remain robust, with a Strong Buy consensus from Wall Street analysts. Moreover, Microsoft's diversified business has been a core reason for their long term success. They have relied on different segments of the business to thrive in different eras, with data centres and Azure being the latest best performing part. @Bridge Buzz SG