$SoundHound AI Inc(SOUN)$ SOUND is making a bounce on a major support level at $5. This is showing strength for the buyers and further upside to be made. Entering a swing position and targeting $15.

Some more details on SOUNDHOUND AI:

SoundHound AI's technologies have attracted the attention and investment of major players in the tech industry. For example, Nvidia disclosed that it held roughly $3.7 million in SoundHound AI stock at the end of last year's fourth quarter. This kind of investment and partnership with a leading AI company like Nvidia is a strong vote of confidence in SoundHound AI's future.

Market Opportunity: The AI market is rapidly growing, with significant potential for companies like SoundHound AI that provide advanced voice recognition and conversational AI solutions. As the demand for AI-powered solutions continues to rise across various industries, SoundHound AI is well-positioned to capitalize on this trend and grow its market share.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • KSR
    ·04-09
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