Reported about 1 year ago
Both SoundHound (NASDAQ: SOUN) and Nvidia (NASDAQ: NVDA) are directly benefiting from AI technology, with SoundHound focusing on sound and voice recognition while Nvidia dominates the AI chip market. SoundHound, with a smaller market cap of $1.3 billion compared to Nvidia's $3 trillion, has a higher growth potential, trading at 19 times sales with a revenue growth rate of 60%. On the other hand, Nvidia, with a more established position, is seen as an all-in play on AI chips but carries higher valuation risks. Investors interested in AI should consider both stocks for their portfolios based on growth potential and market position.
Source: YAHOO