Better AI Stock: SoundHound AI vs. Nvidia
Artificial intelligence (AI) is already transforming industries and has the potential to influence everything from automotive transportation to pharmaceutical discovery. With AI's potential to impact nearly every sector, some of the latest estimates from PwC say AI could be worth $15.7 trillion by 2030.
Two companies making significant inroads into AI right now are the conversational AI platform company SoundHound AI (NASDAQ: SOUN) and semiconductor company Nvidia (NASDAQ: NVDA). While each is targeting a different segment of AI, the stocks of both companies have soared lately. Nvidia is up 137% over the past 12 months, while SoundHound's shares have gained a staggering 730%.
But which is the better AI stock? Let's look a closer at each one to find out.
Source Fool.com
