SoundHound AI Reports Strongest Ever Quarter, Should You Buy?

Key Takeaways SoundHound AI's Q2 revenues jumped 217% to $42.68M, beating Wall Street estimates.Automotive division growth includes a major OEM voice assistant integration.Full-year revenue outlook raised to $160M-$178M on new customer gains in China.SoundHound AI, Inc.’s (SOUN) shares have declined 31.7% this year, mainly because of competition from the Chinese artificial intelligence (AI) company DeepSeek, which launched its R1 model, and NVIDIA Corporation’s (NVDA) clear plans to expand in the agentic AI ...