C3.ai, Inc. (NYSE: AI) saw its stock plummet 6.79% in pre-market trading on Monday, extending its losses from the previous night session where it had already experienced a steep 10.48% decline. The enterprise AI software provider's shares are under pressure as artificial intelligence and technology stocks face a significant selloff amidst broader market turmoil.

The downturn comes as U.S. stock futures tumble, with Nasdaq 100 futures falling 4%. The rout in AI-related stocks has been particularly severe, with companies across the sector seeing substantial losses. BigBear.ai fell over 13%, while other prominent AI and tech firms like Palantir and Super Micro saw declines of around 9%. This sector-wide slump has evidently impacted C3.ai, as investors reassess their positions in high-growth technology stocks.

The market volatility appears to be fueled by ongoing concerns about international trade tensions and their potential impact on the technology sector. Adding to the pressure, semiconductor shares have also tumbled, with some experiencing drops of up to 15%. This ripple effect has spread to AI companies like C3.ai that rely heavily on advanced computing capabilities. The significant price movement reflects the heightened uncertainty currently gripping the AI and broader technology market, as investors grapple with the potential consequences of trade disputes on the sector's growth prospects.