Is SoundHound AI Stock a Buy Now?
SoundHound AI (NASDAQ: SOUN) is having a terrible 2025 so far as shares of the voice artificial intelligence (AI) solutions provider have dropped more than 57% as of February 25, and the stock received its latest jolt after it emerged that semiconductor bellwether Nvidia has sold its stake in the company.It is worth noting that SoundHound sprung into the limelight in February 2024 after it emerged that Nvidia had a small stake in the company worth $3.7 million. Since then, shares of SoundHound have witnessed a roller-coaster ride on the market, rising remarkably in the fourth quarter of 2024. So, the news that Nvidia has sold its SoundHound stake for a nice profit led many investors to press the panic button.However, is the latest drop an opportunity to buy this fast-growing AI company? Let's find out.Continue reading
SoundHound AI (NASDAQ: SOUN) is having a terrible 2025 so far as shares of the voice artificial intelligence (AI) solutions provider have dropped more than 57% as of February 25, and the stock received its latest jolt after it emerged that semiconductor bellwether Nvidia has sold its stake in the company.
It is worth noting that SoundHound sprung into the limelight in February 2024 after it emerged that Nvidia had a small stake in the company worth $3.7 million. Since then, shares of SoundHound have witnessed a roller-coaster ride on the market, rising remarkably in the fourth quarter of 2024. So, the news that Nvidia has sold its SoundHound stake for a nice profit led many investors to press the panic button.
However, is the latest drop an opportunity to buy this fast-growing AI company? Let's find out.
