C3.ai, Inc. (AI) shares soared 6.31% in the pre-market session on Monday, as the artificial intelligence (AI) and semiconductor stocks saw a broad rally.
The surge in C3.ai's stock price was part of a broader upswing in AI and technology stocks during the morning trading session. Several major players in the AI and semiconductor space, including Palantir (PLTR), Arm (ARM), AMD (AMD), and Alphabet (GOOGL), also saw significant gains, with some rising over 4%.
The AI stock rally was led by Super Micro Computer Inc (SMCI), which saw its shares soar 10.87% on Monday. The surge in Super Micro's stock was driven by positive developments, including the company announcing a new auditor and submitting a plan to the Nasdaq to regain compliance with filing requirements.
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