Snowflake's stock price surged 5.14% during Tuesday's pre-market session, continuing its positive momentum from the previous trading day.
The significant price increase follows Snowflake's recent announcement of a multi-year, $200 million strategic partnership with OpenAI. The collaboration focuses on co-innovation and joint go-to-market strategies, making OpenAI's advanced models, including GPT-5.2, natively available to Snowflake's extensive customer base of 12,600 global clients through Snowflake Cortex AI across all major cloud platforms.
The partnership is designed to support the development and deployment of customized AI solutions and AI agents for enterprise customers, positioning Snowflake as a stronger player in the competitive AI infrastructure market.