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- C3.ai shares soared Friday and were headed higher for the week alongside other AI-tied stocks and ETFs
- The frenzy surrounding ChatGPT has contributed to C3.ai shares more than doubling in 2023.
- Nvidia and Ambarella are also among this week's advancers.
C3.ai stock rallied to its highest in a year Friday, highlighting a jump in some AI stocks and funds this week as the popularity of the ChatGPT tool spurs investors to run toward exposure to artificial intelligence.
C3.ai climbed as much as 30% to $28.48 during Friday's session, notching a 52-week high for shares of the business AI software maker.
"The hype surrounding Artificial Intelligence has spilled over into retail investments," said Vanda Research in a note Thursday.