C3.ai, Inc. (NYSE: AI) saw its stock soar 6.27% on Thursday, riding the wave of a broader tech sector rally and renewed optimism surrounding U.S.-China trade negotiations. The artificial intelligence software provider's shares closed at $22.02, marking its third consecutive day of gains in what proved to be an all-around positive trading session for the stock market.

The upward movement in C3.ai's stock was part of a larger trend in the tech sector, with the NASDAQ Composite Index rising 2.7% and the S&P 500 gaining 2.03%. Investor sentiment was buoyed by strong performances from other tech companies, including ServiceNow, which topped Wall Street's expectations in its recent earnings report. Additionally, solid results from semiconductor companies like Texas Instruments and Lam Research suggested resilient demand in key tech verticals despite macroeconomic uncertainties.

While C3.ai's stock has shown significant volatility over the past year, with 35 moves greater than 5%, today's surge reflects the market's current optimism towards AI-focused companies. However, investors should note that despite the recent gains, C3.ai's stock remains down 36.8% year-to-date and is trading 49% below its 52-week high of $45.08. As the AI sector continues to evolve, C3.ai's performance will likely remain closely tied to both company-specific developments and broader market trends in the artificial intelligence space.