Tuya Inc. (TUYA), a leading Chinese artificial intelligence (AI) company, experienced a remarkable 5.15% surge in its stock price during the 24-hour period leading up to Thursday's close. This rally was fueled by a combination of favorable analyst recommendations and the company's ambitious plans to integrate advanced AI models into its platform.
Notably, Morgan Stanley, a prominent U.S. investment bank, issued a bullish outlook on Tuya's stock, expressing confidence in the company's prospects within the rapidly expanding AI industry. The analysts recommended investors to buy Tuya's shares, citing its potential to capitalize on the burgeoning AI market. This positive sentiment from a respected financial institution resonated with investors, contributing to the stock's upward momentum.
Additionally, Tuya announced a strategic collaboration with DeepSeek, a leading AI model provider, to integrate cutting-edge AI capabilities into its Internet of Things (IoT) platform. This partnership aims to transform smart devices into "active intelligence" systems, unlocking new possibilities in fields such as energy management, pet care, and smart homes. Investors reacted favorably to this news, as it positions Tuya at the forefront of AI-driven innovation and commercialization, particularly in the rapidly growing pet care industry.
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