Why SoundHound AI Stock Plummeted Today

Geopolitical pressures hit growth stocks hard today Yesterday, Bloomberg Businessweek published an interview with former president and current presidential candidate Donald Trump. In the interview, Trump suggested that his administration could require Taiwan to pay for defense services and stated that the country had taken the U.S.'s semiconductor industry. Due to the presence of Taiwan Semiconductor Manufacturing and other fabrication companies, Taiwan is hugely important for global chip production and tec ...