Stock Track | C3.ai Soars 5.20% in Pre-market as AI Sector Gains on SoftBank's Massive Investment and NVIDIA's New AI CPU

Stock Track06-01

C3.ai, Inc. (NYSE: AI) experienced a significant pre-market surge of 5.20% on Monday, as investor enthusiasm for artificial intelligence stocks was reignited by major developments from global technology leaders.

The rally was fueled by a wave of positive sentiment across the AI sector. SoftBank Group announced plans to invest up to 75 billion euros to develop and operate 5 gigawatts of AI data center capacity in France, marking the company's largest AI infrastructure commitment in Europe. This massive investment underscores the accelerating global race to build AI computing infrastructure and propelled SoftBank's shares to surge over 13%, allowing it to overtake Toyota Motor as Japan's most valuable publicly traded company for the first time in over two decades.

Further boosting the AI investment theme, NVIDIA unveiled its new Vera CPU, specifically designed for AI agents, which is now in full production. The announcement highlighted that global AI labs including Anthropic, OpenAI and SpaceXAI, along with hyperscalers like ByteDance and Oracle Cloud Infrastructure, are planning to adopt the new processor. Concurrently, Asian stock markets opened higher, driven by sustained demand for AI and semiconductor sectors, with Japan's Nikkei 225 index breaking through the 67,000-point level for the first time.

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