SOUN - Where Will SoundHound AI Be in 1 Year?
2024-06-30 14:11:00 ET
SoundHound AI (NASDAQ: SOUN) stock has been a roller coaster. Earlier this year, shares quadrupled after chipmaker Nvidia revealed a $3.7 million investment in the company. Since hitting their peak, shares have shed over half their value.
The underlying reality, however, has been much less volatile. SoundHound has been signing new customers, securing additional patents, and proving its technology through a growing list of real-world applications.
Will the year ahead be the company's most exciting yet? And what will it mean for the stock price?
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Where Will SoundHound AI Be in 1 Year?