Microsoft's stock experienced a 12% decline following its quarterly report, despite reporting an 17% year-over-year revenue growth to $81.3 billion. While the revenue growth rate is solid, it did not impress investors. However, a key takeaway from the conference call was the CFO's statement about secured contracts for AI-optimized datacenter components, indicating demand exceeding supply for GPUs, a positive sign for future growth. Analysts project a sustained revenue growth rate of 15-16% over the next few years. My proprietary discounted cash flow model, updated for recent developments, values Microsoft at approximately $470 per share, suggesting a current market price of $423.18 presents a bargain for investors.