Investors advised caution with AI stocks SoundHound AI and Micron Technology due to high prices

From Nasdaq: 2025-06-29 11:19:00

The stock market is reaching new highs, with the S&P 500 and Nasdaq Composite up 12.6% and 13.6% respectively over the last year. Artificial intelligence stocks like SoundHound AI and Micron Technology are seeing increased interest, but some caution is advised due to high prices. SoundHound AI’s stock posted gains of 155% over the last 52 weeks, while Micron Technology’s stock is up 95% since April. Investors are advised to wait for potential market dips before considering these stocks as buying opportunities. SoundHound AI’s long-term contracts and Micron’s ties to the AI boom are key factors to watch.



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