SoundHound AI (NASDAQ: SOUN) was having a terrible time on the stock market so far this year, but all that changed after the company released its fourth-quarter 2024 results on Feb. 27. Shares of the company that's known for providing voice artificial intelligence (AI) solutions to enterprises surged more than 17% the day following its earnings

Shares of SoundHound AI (NASDAQ: SOUN) have been on a wild ride over the past year. As a result, SoundHound stock plunged more than 45% this year through the end of February. Does its share-price fall mean now is a good time to buy SoundHound stock?

Investors willing to dive into the artificial intelligence market must start looking beyond Nvidia (NASDAQ:NVDA). Now is the time to make the right move and invest in stocks that have the potential to become the next Nvidia.