From Nasdaq: 2025-01-16 15:05:00

NVIDIA Corporation (NVDA) has seen a 149% surge in stock value in the past year, attributed to the growth in artificial intelligence (AI) technology. SoundHound AI, Inc. (SOUN) has also experienced a substantial 663% increase in shares, indicating a potential rise in the voice AI platform market.

SoundHound AI’s revenue has grown by 89% in the third quarter, with revenue guidance for 2024 and 2025 set at nearly $85 million and $175 million, respectively. However, concerns over high valuations, competition from major players like Alphabet Inc. (GOOGL), and sustainability of growth have raised caution among investors.

A new semiconductor stock with significant growth potential has emerged, offering strong earnings growth and aligning with the increasing demand for AI, Machine Learning, and Internet of Things technologies. The global semiconductor manufacturing market is projected to reach $803 billion by 2028, presenting a lucrative investment opportunity.



Read more at Nasdaq: Is Under $20 SoundHound AI Stock the Next NVIDIA, and a Buy?