in the final quarter of calendar year 2023, Nvidia bought 1.73 million shares of SoundHound AI's stock (valued at about $3.6 million at the time). It has proven to be a good investment thus far. SoundHound AI stock is up by more than 650% over the last year, even after a meaningful drop of more than 40% since Christmas.

Consumer Electronics Show (CES) 2025 revolved around AI. If not, it’s all that exhibitors could show. Talking about the highlight of the show, it was undoubtedly the keynote from Jensen Huang.

Two hot stocks in this sector are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Palantir's shares had surged by more than 300% over the prior 12 months, while SoundHound had skyrocketed by 600%.

Enterprise artificial intelligence (AI) software provider C3.ai (NYSE: AI) is off to a shaky start in 2025. Shares of the company have fallen 10% this year, though there has been no company-specific news of note that could have triggered this pullback.