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Change historychevron_rightMicrosoft Adschevron_rightDec 18, 2025

Microsoft clarified that exact match keywords take priority over Performance Max and Ad Rank

Date
Dec 18, 2025 (first reported)
Regions
Global
Primary source
PPC Land

Microsoft Ads Liaison Navah Hopkins confirmed that an exact match keyword in a Search campaign wins the auction over Performance Max for the same query; otherwise Ad Rank decides. Copilot surfaces do not block exact match, though broad match and PMax serve more often on conversational queries.

Primary source: PPC Land (2025-12-18). Also covered by Search Engine Roundtable (2025-12-26).

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