Nvidia is very profitable, leads the AI processor market, and continues to generate impressive sales. Nvidia’s stock is relatively cheaper than SoundHound’s, and the chip company is benefiting from a much broader market opportunity from AI data centers. The current artificial intelligence (AI) boom has been the biggest driver of the stock market’s gains over the past couple of years, and two companies that have seen phenomenal gains from AI are SoundHound AI (NASDAQ: SOUN) and Nvidia (NASDAQ: NVDA).
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