From Nasdaq: 2024-05-18 02:55:00

Artificial intelligence (AI) stocks are booming, with more than one-fifth of venture capital funding going toward AI start-ups. Nvidia is a top player in the market, with global spending on AI systems and services reaching $150 billion in 2023 and estimates predicting it will surpass $200 billion. SoundHound AI is another promising stock, offering voice AI and speech recognition technology. Last quarter, SoundHound’s sales jumped by 73% year over year to $11.6 million. Investors looking for high-growth potential in the AI sector should keep an eye on both Nvidia and SoundHound AI stocks.



Read more at Nasdaq: 2 Millionaire-Maker AI Stocks | Nasdaq