24.02.2025 16:48:00
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Could Buying SoundHound AI Stock Set You Up for Life?
So far, 2025 has not been kind to SoundHound AI (NASDAQ: SOUN) stock. The speech recognition specialist's shares are down 45% year to date. And the pessimism intensified on Feb. 14 after Nvidia's latest 13F filing with the Securities and Exchange Commission revealed that the chip giant had sold its entire equity stake in SoundHound during the fourth quarter.Yet SoundHound remains a small company pursuing a potentially massive niche, so if things go well, its stock could deliver extraordinary returns. With that in mind, should investors view this year's dip as a buying opportunity or a sign to stay far away from the stock?SoundHound's share price received a massive boost in early 2024 after a 13F filing revealed that AI hardware giant Nvidia had taken a 1.7 million share stake in it. The market took this as a sign that Nvidia was optimistic about SoundHound, and might have been eying a future collaboration or an acquisition.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
Ai Holdings Corp | 1 960,00 | -0,71% |
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SoundHound AI | 9,43 | -8,58% |
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