Nvidia Gobbled Up Shares of This Artificial Intelligence (AI) Company. Is It Too Late to Buy?
SOUNSoundHound AI(SOUN) The Motley Fool·2024-06-21 19:45

SoundHound AI is one of Nvidia's recent bets. What does the future hold for the company?Nvidia is undoubtedly the hottest stock in tech. All eyes are on its every move, so when it disclosed a hefty position in artificial intelligence (AI) company SoundHound AI (SOUN -0.98%) last February, shares of the small-cap stock rocketed up well over 50% in a day. Even if some were hearing about it for the first time, SoundHound is far from a new company. It has been around since the mid-2000s when it was introduced a ...