Can This High-Flying Artificial Intelligence (AI) Stock Become the Next SoundHound AI in 2025?
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SoundHound AI has been one of the best-performing stocks on the market in the past year, registering stunning gains of 936% as of this writing, thanks to a combination of factors.SoundHound took off big time in February last year after it emerged that artificial intelligence (AI) giant Nvidia has a small stake in the company. However, investors shouldn't forget that SoundHound has been clocking impressive growth quarter after quarter and has been gaining favor on Wall Street as well, contributing to the stock's rapid rise in the past year.But then, buying SoundHoundstock right now doesn't seem like a very smart move to make, considering that the voice AI solutions provider has a price-to-sales ratio of 94. However, there may be a cheaper alternative for investors who are looking for a small company that's making the most of the proliferation of AI and can become the next SoundHound: Ambarella (NASDAQ: AMBA).Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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