Tuya Inc. (TUYA) stock is soaring 5.03% in Thursday's intraday trading session, following the company's announcement of its participation in IFA 2025, a prominent consumer electronics exhibition. The surge in stock price appears to be driven by investor enthusiasm over Tuya's latest AI innovations set to be unveiled at the event.

According to the company's statement, Tuya Inc., a leading global AI cloud platform service provider, will be presenting cutting-edge AI hardware products and multiple AI solutions at IFA 2025, scheduled from September 5 to 9. The showcase will focus on smart mobility, pet care, and travel safety applications, highlighting Tuya's commitment to expanding its presence in these growing markets.

The positive market reaction suggests that investors are optimistic about Tuya's potential for growth and innovation in the AI sector. As the company continues to develop and showcase advanced AI technologies, it may strengthen its position in the competitive tech landscape, potentially leading to increased market share and revenue growth in the future.