SoundHound AI Inc (SOUN) shares surged 10.05% on Tuesday, fueled by sustained bullish sentiment and investor enthusiasm surrounding the artificial intelligence sector. The rally extended an impressive run that saw the AI company's stock soar 326% in the fourth quarter of 2024.
SoundHound AI has been rapidly expanding its footprint across multiple industries through strategic partnerships and acquisitions. The company reported an 89% year-over-year increase in revenue to $25.1 million in the third quarter of 2024, driven by recent deals such as powering voice AI for Church's Texas Chicken's drive-through and Lucid Motor's in-vehicle AI assistant.
The pre-market surge also coincided with a broader upswing in AI and tech stocks, particularly those linked to industry giants like Nvidia. As an AI-focused company, SoundHound AI appears to be benefiting from the positive sentiment spilling over into the sector, fueled by optimism surrounding the AI boom and the potential for transformative applications.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。