Could SoundHound AI Become the Next Nvidia?
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Over just a couple of years, Nvidia (NASDAQ: NVDA) has become one of the most profitable investments in recent memory. Even after the company surpassed a $1 trillion market cap, its valuation continued to double, and then nearly double again. Long term, who knows how high shares can soar?Of course, the rise of artificial intelligence (AI) is the major reason why Nvidia's stock price has done so well. As the market leader in AI GPUs, Nvidia has found itself in the right place at the right time. Long term, spending on AI infrastructure should balloon tremendously -- a future that will, in all likelihood, greatly benefit Nvidia.But where should you dedicate your time if you're looking for the next big AI stock? Look no further than SoundHound AI (NASDAQ: SOUN). While its share price has also soared this year, there's clearly significant upside if the company can execute on a few critical areas of growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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