Better Artificial Intelligence Stock: Nvidia vs. SoundHound AI
The enormous demand for artificial intelligence (AI) technology led to many AI-centric stocks getting a boost over the past year. Semiconductor chip maker Nvidia (NASDAQ: NVDA) is a prominent example as its shares skyrocketed an astounding 222% over the past 12 months.
Nvidia isn't the only AI darling. SoundHound AI (NASDAQ: SOUN) is an emerging business focused on "a voice AI platform that exceeds human capabilities," according to the company. Its technology enticed Nvidia to invest in SoundHound AI.
Both of these businesses provide compelling opportunities to invest in the rapidly expanding AI market. However, assessing which is the better AI investment requires evaluating them from different perspectives. After all, they're at separate stages in their business lifecycles.
Source Fool.com