Should You Buy SoundHound AI Stock After Its 64% Drop? This Recent Move by Nvidia Might Hold the Answer.

Nvidia (NASDAQ: NVDA) supplies the most powerful data center chips for developing artificial intelligence (AI) models. In fact, the company’s valuation has soared by more than $2.2 trillion over the last two years because sales have been so strong.

In late 2023, Nvidia started spreading some of its wealth by investing in a handful of smaller AI companies. One of them was SoundHound AI (NASDAQ: SOUN), which is a leading developer of conversational AI technologies. But when Nvidia released…