Tuya Inc. (NYSE: TUYA), a global leader in AI cloud platform services, saw its stock price surge 5.03% in intraday trading on Thursday. The significant uptick comes as the company prepares to showcase its latest AI innovations at the prestigious IFA 2025 consumer electronics exhibition.

According to a company announcement, Tuya will be presenting cutting-edge AI hardware products and multiple AI solutions in smart mobility, pet care, and travel safety at the event, which runs from September 5 to 9. This showcase of technological advancements appears to have sparked investor enthusiasm, driving the stock's impressive gains.

The strong market reaction suggests that investors are optimistic about Tuya's potential to capitalize on the growing demand for AI-driven solutions across various sectors. As the company continues to innovate and expand its product offerings, it may be well-positioned to capture a larger share of the rapidly evolving AI market, potentially driving further growth and shareholder value.