SoundHound AI has been one of the best-performing stocks on the market in the past year, registering stunning gains of 936% as of this writing, thanks to a combination of factors. SoundHound took off big time in February last year after it emerged that artificial intelligence (AI) giant Nvidia has a small stake in the company.

SentinelOne (NYSE: S) went public with a bang in 2021. SentinelOne stock has recovered from its low point, but it remains around 70% below its record high. SentinelOne believes machines can respond to incidents faster than humans,

Speculators have started to make a clear move to start taking from some of the higher performance stocks including SoundHound AI. On Tuesday, shares of SoundHound dropped roughly

Knowing this, you may be wondering whether the valuation matters with SoundHound AI. In SoundHound AI's case, the art aspect of this question is heavily based on optimism about its future. Customers have taken to SoundHound's voice-driven AI products,