Posted 12/14/2023, 3:26:00 PM
Tech and Stock Market Comeback: AMD and SoundHound AI Poised for Growth in 2024 AI Boom
- Stock market has rebounded strongly since October 2022, analysts predict S&P 500 could jump 13% in 2024
- Tech stocks like AMD and SoundHound AI have huge upside potential in 2024 due to AI opportunities
- AMD to benefit from resurgence in PC market and new AI chips for cloud computing
- SoundHound AI's revenue expected to grow 50% in 2023 and sustain high growth rate in 2024
- SoundHound AI stock trades at attractive valuation despite growth prospects, Bank of America price target implies 140% upside