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Artificial intelligence (AI) stocks have taken a hit this year, shedding some of the impressive gains they racked up in 2024. Even industry giant Nvidia (NVDA), which is considered the face of AI, has not been spared, as concerns over trade policies and fears of a slowdown in AI infrastructure spending weigh on investor sentiment.
However, this pullback presents an opportunity. When strong companies see their stock prices decline due to broader market pressures rather than fundamental weaknesses, it can create an attractive entry point. One such company that stands out is SoundHound (SOUN), which has seen its stock drop nearly 50% in the year to date.
