One artificial intelligence (AI) stock that has received a lot of buzz is SoundHound AI ( SOUN 18.20%). While the reasons for the hype are numerous, they don't overshadow the fact that SoundHound AI is growing rapidly with a bullish outlook in 2025.

SoundHound AI ( SOUN) shares plunged 16% Wednesday, a day after the provider of artificial intelligence (AI) voice technology software reported a big drop in gross margin . The Nvidia ( NVDA )-backed company’s third-quarter GAAP gross margin sank 24.3 percentage points to 48.6%, and non-GAAP gross margin tumbled 14.0 percentage points to 59.7%.

The artificial intelligence (AI) sector is booming, with companies like NVIDIA (NASDAQ: NVDA) leading the charge and delivering stunning returns for investors. However, a smaller player, SoundHound AI (NASDAQ: SOUN),

SoundHound AI (NASDAQ: SOUN) stock is up over 200% in 2024. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » *Stock prices used were the afternoon prices of Nov.

Impressive news from a high-profile business partner was a major reason for the stock price pop experienced by SoundHound AI (NASDAQ: SOUN) on Thursday. The artificial intelligence (AI) company was up by nearly 9% in late-session trading,