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SoundHound and Serve Robotics Are Dropping Like a Rock -- Why Nvidia Was the Catalyst

Nvidia sold their stake in some high-flying stocks recently.

By Travis Hoium – Feb 20, 2025 at 10:30AM EST

SoundHound (SOUN 2.81%) was one of the hottest stocks on the market in late 2024, and a big reason was Nvidia's (NVDA 2.13%) stake in the company. But we learned recently that Nvidia had sold its stake in SoundHound and some other high-flying stocks, which Travis Hoium discusses in this video.

*Stock prices used were end-of-day prices of Feb. 16, 2025. The video was published on Feb. 18, 2025.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nebius Group, Nvidia, and Serve Robotics. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

SoundHound AI Stock Quote
SoundHound AI
NASDAQ: SOUN
$5.90
(-2.64%)-$0.16
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$167.59
(-2.13%)-$3.66
Nebius Group Stock Quote
Nebius Group
NASDAQ: NBIS
$100.92
(-4.76%)-$5.05
Nano-X Imaging Stock Quote
Nano-X Imaging
NASDAQ: NNOX
$2.22
(-2.20%)-$0.05
Recursion Pharmaceuticals Stock Quote
Recursion Pharmaceuticals
NASDAQ: RXRX
$2.94
(-6.83%)-$0.22
Arm Holdings Stock Quote
Arm Holdings
NASDAQ: ARM
$144.13
(-6.89%)-$10.67
Serve Robotics Stock Quote
Serve Robotics
NASDAQ: SERV
$8.34
(-8.15%)-$0.74
Applied Digital Stock Quote
Applied Digital
NASDAQ: APLD
$23.74
(-7.70%)-$1.98
WeRide Stock Quote
WeRide
NASDAQ: WRD
$6.95
(-9.10%)-$0.70

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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