Top 2 AI Growth Stocks to Buy After Nvidia's Latest Sell-Off
The Motley Fool·2026-03-21 06:05

Core Viewpoint - Nvidia shares have produced 0% profits over the past seven months and are down more than 10% since last October, indicating a shift in investor expectations for AI stocks [1] Group 1: SoundHound AI - SoundHound AI shares have decreased by over 60% since last October, largely due to a market-wide correction in AI stocks [2][3] - The company operates in the AI sound technology sector, with applications in drive-thru kiosks, in-car entertainment, and healthcare support, holding over 200 AI patents [4] - SoundHound claims its total addressable market exceeds $140 billion, but other estimates suggest it could be around $50 billion by 2034; with a current market cap of $2.8 billion, it presents a more attractive option for growth investors [5] Group 2: Rivian - Rivian is primarily viewed as an industrial stock but is also emerging as an AI stock, with expectations for significant growth as it begins deliveries of its R2 SUV priced under $50,000 [6][7] - The company is investing heavily in AI to develop full self-driving capabilities, which is seen as crucial for future automotive success [8][9] - Rivian's AI strategy includes enhancing design and production processes, improving in-car AI assistants, and developing proprietary AI chips, although its shares currently trade at a lower valuation compared to Tesla [10][11]