When SoundHound AI (SOUN -3.76%) first soared in popularity last year, it was because chipmaker Nvidia revealed that it owned more than 1.7 million shares of the up-and-coming tech company. Many investors followed suit, buying shares of SoundHound in the hopes that it would be the next big tech stock to benefit from the artificial intelligence (AI) boom.
In February, however, Nvidia’s latest filings showed that it no longer held a position in SoundHound. Many…
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