Posted 2/27/2024, 9:20:00 AM
SoundHound AI Stock Soars as Q3 Revenue Jumps 19%, Nvidia Invests and Q4 Profit Expected
- SoundHound AI stock is up over 80% year-to-date, significantly outperforming Nvidia
- Nvidia recently disclosed it bought over 1.73 million shares of SoundHound AI stock
- SoundHound AI has an impressive customer base in auto and restaurant industries
- SoundHound AI reported strong Q3 revenue growth of 19% and positive gross margins
- SoundHound AI expects a positive adjusted EBITDA in Q4 earnings to be announced Thursday