Nvidia Just Gave SoundHound Stock a Big Lift. Should You Buy SOUN Shares Here?

SoundHound (SOUN) shares rallied as much as 12% today after Jensen Huang, the chief executive of Nvidia (NVDA), attempted to silence AI bubble concerns, saying “we see something very different.” The artificial intelligence-enabled speech recognition company’s 14-day relative strength index sits at less than 30 currently, below the oversold threshold, indicating potential for continued upward momentum in the near term. More News from Barchart Following an initial spike, SoundHound stock reversed much of ...