Nvidia Just Sold 1 of Last Year's Best-Performing Artificial Intelligence (AI) Stocks
Nvidia's (NASDAQ: NVDA) graphics processors (GPUs) for the data center are the gold standard when it comes to developing artificial intelligence (AI). The company has added $3 trillion to its market capitalization over the last couple of years on the back of surging demand for those chips.Nvidia started spreading some of that wealth by investing in smaller AI stocks at the end of 2023. One of them is a leading developer of conversational AI software called SoundHound AI (NASDAQ: SOUN), and during 2024, its stock outperformed some of the biggest names in the entire industry with a whopping 835% gain: Continue reading
Nvidia's (NASDAQ: NVDA) graphics processors (GPUs) for the data center are the gold standard when it comes to developing artificial intelligence (AI). The company has added $3 trillion to its market capitalization over the last couple of years on the back of surging demand for those chips.
Nvidia started spreading some of that wealth by investing in smaller AI stocks at the end of 2023. One of them is a leading developer of conversational AI software called SoundHound AI (NASDAQ: SOUN), and during 2024, its stock outperformed some of the biggest names in the entire industry with a whopping 835% gain:
