From Nasdaq: 2024-11-22 04:15:00

Nvidia experiences high demand for GPUs across various sectors, leading to excess revenue. They strategically invest in companies like SoundHound AI and Applied Digital, holding $8 million and $63 million investments respectively. SoundHound AI sees strong revenue growth and aims for profitability by 2025. Applied Digital benefits from Nvidia’s investment and shows promising growth potential in data centers and cloud services. Both companies have strong ties to Nvidia, making them worthwhile investments.



Read more at Nasdaq: Nvidia Has $71 Million Invested in These Smaller-Cap AI Stocks