This Artificial Intelligence (AI) Stock Soared 217% Since Nov. 1. Should Investors Expect a Stock Split in 2025?

I've written a lot about SoundHound AI (NASDAQ: SOUN) this year. In early 2024, the company secured a multimillion-dollar investment from Nvidia, the largest supplier of artificial intelligence (AI) graphics processing units (GPUs) on the planet. This partnership, I believed, was a huge vote of confidence for what was then a relatively small AI business.A lot has changed in recent weeks. Since the start of November, SoundHound shares surged in value by roughly 217%, adding billions of dollars to its market cap. Might the company enact a stock split in 2025? The answer to this question might surprise you.AI is perhaps the hottest category of the market right now. Nvidia, one of the industry's main suppliers, is the second-most valuable company in the world. The stock prices for most AI companies went on a huge run in the first few quarters of 2024. Somehow, SoundHound's shares fell relatively under the radar. Shares jumped in the first quarter of the year after Nvidia revealed a $3.7 million investment in the company. But shares soon cooled off, failing to stage any meaningful run for the rest of the year -- until now. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool