Could Investing $10,000 in SoundHound AI Stock Make You a Millionaire?
SoundHound AI (NASDAQ: SOUN) has been an incredibly popular AI investment pick over the past year. It first gained fame when it was revealed that AI giant Nvidia purchased a stake. Since the start of 2024, the stock has risen more than 350%, but it was up more than 1,000% in December. Part of this downfall occurred because Nvidia sold its entire stake in SoundHound AI, although the broader AI sell-off also harmed the stock.Although SoundHound AI has been hit rather hard by sell-offs, it could still be a successful investment if it continues its growth trajectory.But is it enough to turn $10,000 into $1 million? Let's take a look.Continue reading
SoundHound AI (NASDAQ: SOUN) has been an incredibly popular AI investment pick over the past year. It first gained fame when it was revealed that AI giant Nvidia purchased a stake. Since the start of 2024, the stock has risen more than 350%, but it was up more than 1,000% in December. Part of this downfall occurred because Nvidia sold its entire stake in SoundHound AI, although the broader AI sell-off also harmed the stock.
Although SoundHound AI has been hit rather hard by sell-offs, it could still be a successful investment if it continues its growth trajectory.
But is it enough to turn $10,000 into $1 million? Let's take a look.
