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Benzinga
Benzinga
Business
Anusuya Lahiri

Snowflake's AI-Powered Growth Trajectory Remains Strong, Says Analyst

SNOW Snowflake Brad Sills Nasdaq
Snowflake

Snowflake (NYSE:SNOW) stock surged on Wednesday, backed by continued AI frenzy, as the company capitalizes on growing demand for its data warehousing and AI-driven products.

With a notable 26% year-to-date gain, the firm remains a key player in the AI data cloud market, driven by strong momentum in its core offerings like Cortex AI and Snowpark.

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