Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why SoundHound AI, BigBear.ai, and Other Artificial Intelligence (AI) Stocks Tumbled This Week

TheMotleyFool 
0 0 22.03.24
Why SoundHound AI, BigBear.ai, and Other Artificial Intelligence (AI) Stocks Tumbled This Week: https://g.foolcdn.com/editorial/images/770231/a-robotic-hand-interacting-with-a-visual-ai-touchscreen-display.jpg
 

This was a big week for artificial intelligence (AI) aficionados. The hot ticket was Nvidia's (NASDAQ: NVDA) GPU Technology Conference (GTC), which has been called the "Woodstock of AI." According to reports, some of the biggest names in technology were on hand while millions more joined the festivities online.

CEO Jensen Huang gave the keynote address, which included a rundown of the company's latest AI-centric creations. Investors had plenty to digest, which weighed on many AI stocks throughout the week.

With that as a backdrop, conversational voice specialist SoundHound AI (NASDAQ: SOUN) cratered 25% this week, BigBear.ai (NYSE: BBAI) slumped 15.2%, and AI-centric server maker Super Micro Computer (NASDAQ: SMCI) tumbled 9.1% as of the market close on Thursday, according to data supplied by S&P Global Market Intelligence.

Continue reading


Source Fool.com

Globe Trade Centre Stock

€1.15
0.880%
The Globe Trade Centre stock is trending slightly upwards today, with an increase of €0.010 (0.880%) compared to yesterday's price.

Show more
Like: 0
SOUN
Share

Comments

Not a member yet? Sign up for free!