Soundhound AI shares are trading higher amid strength in AI names after NVIDIA reached a $1 trillion market cap, which has furthered momentum in the sector.
Portfolio Pulse from Benzinga Newsdesk
Soundhound AI shares are trading higher following NVIDIA's achievement of a $1 trillion market cap, boosting momentum in the AI sector.
May 30, 2023 | 5:07 pm
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POSITIVE IMPACT
NVIDIA reached a $1 trillion market cap, driving momentum in the AI sector and positively impacting Soundhound AI shares.
NVIDIA's achievement of a $1 trillion market cap has created a positive sentiment in the AI sector, leading to increased interest and investment in AI companies. This has resulted in a positive impact on Soundhound AI shares.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Soundhound AI shares are trading higher due to NVIDIA's $1 trillion market cap, driving momentum in the AI sector.
Soundhound AI shares are trading higher as NVIDIA's $1 trillion market cap has created a positive sentiment in the AI sector. This has led to increased interest and investment in AI companies, including Soundhound AI.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50