Should You Forget Nvidia and Buy This AI Stock Split Giant That's Soared More than 400% in 5 Years?

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Should You Forget Nvidia and Buy This AI Stock Split Giant That's Soared More than 400% in 5 Years?

_{//stocks-investing.news-articles.net/content/202 .. iant-that-s-soared-more-than-400-in-5-years.html}
^{Published in Stocks and Investing on Wednesday, December 11th 2024 at 10:01 GMT by The Motley Fool}

When Broadcom acquired VMware last year, the company aimed to generate adjusted EBITDA of $8.5 billion within three years. Today, Broadcom says it's on target to meet or beat that goal in the 2025 fiscal year.

The article from The Motley Fool, published on December 11, 2024, discusses whether investors should consider an alternative to Nvidia for AI stock investments. It highlights the rapid growth of the AI industry and Nvidia's significant role within it, but suggests looking at another AI company, SoundHound AI, as a potentially lucrative investment. SoundHound AI specializes in voice recognition and natural language understanding, technologies that are becoming increasingly integral to various applications. The article points out that while Nvidia has been a leader in AI hardware, SoundHound's focus on software solutions could offer unique growth opportunities, especially as voice interaction becomes more prevalent in consumer and enterprise applications. It also mentions SoundHound's partnerships and its potential to expand in sectors like automotive, where voice commands are becoming standard. The piece concludes by advising investors to consider diversifying their AI investments beyond just hardware-focused companies like Nvidia.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/11/should-you-forget-nvidia-buy-this-ai-stock/ ]

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