Where Will SoundHound AI Stock Be in 1 Year?
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If you put $10,000 into SoundHound AI (NASDAQ: SOUN) stock one year ago, you have $61,800 today. That's an eyewatering return of 618%. The company has emerged as an early winner in artificial intelligence (AI) as it seeks to dominate the market for speech and audio-related AI solutions. But past performance is no guarantee of future returns. Let's dig deeper into SoundHound AI's fundamentals to determine if its bull run can continue.So far, most sustainable AI-related growth has come from the infrastructure side of the opportunity, where chipmakers like Nvidia provide the hardware needed to run and train these algorithms. Software has been harder to monetize because it is still in an experimental stage. But that isn't stopping SoundHound from trying to push the envelope. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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