Free Trial

Artificial Intelligence Stocks To Follow Now - August 8th

SoundHound AI logo with Computer and Technology background

Key Points

  • The report highlights three key artificial intelligence stocks to watch: SoundHound AI, Tempus AI, and Super Micro Computer, based on their recent trading volume and potential for growth.
  • SoundHound AI has seen significant trading activity, with shares reaching $13.93 and a market cap of $5.60 billion, reflecting its role in developing independent voice AI solutions.
  • Tempus AI focuses on precision medicine using AI technologies, with its shares trading up to $61.38 and a market cap of $10.63 billion recently.
  • Want stock alerts on SoundHound AI? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

SoundHound AI, Tempus AI, and Super Micro Computer are the three Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of publicly traded companies that develop, produce or heavily integrate AI technologies—such as machine learning algorithms, natural language processing or computer vision—into their products and services. Investors buy these stocks to gain exposure to the potential growth and innovation driven by the expanding use of AI across industries. These companies can range from specialized AI startups to established technology giants incorporating AI into a wide array of offerings. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

SoundHound AI (SOUN)

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.

NASDAQ:SOUN traded up $3.21 during trading hours on Friday, reaching $13.93. 142,711,118 shares of the company traded hands, compared to its average volume of 39,879,535. SoundHound AI has a 1-year low of $4.32 and a 1-year high of $24.98. The firm's 50-day moving average is $10.69 and its 200-day moving average is $10.56. The stock has a market cap of $5.60 billion, a P/E ratio of -25.28 and a beta of 2.57.

Read Our Latest Research Report on SOUN

Tempus AI (TEM)

Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.

Shares of TEM traded up $2.64 during trading hours on Friday, hitting $61.38. The stock had a trading volume of 21,164,606 shares, compared to its average volume of 12,419,899. The company's fifty day simple moving average is $62.34 and its 200 day simple moving average is $57.91. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.56 and a current ratio of 1.71. Tempus AI has a 12-month low of $31.36 and a 12-month high of $91.45. The firm has a market cap of $10.63 billion, a P/E ratio of -7.83 and a beta of 4.98.

Read Our Latest Research Report on TEM

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Shares of NASDAQ SMCI traded down $1.30 during midday trading on Friday, reaching $45.37. 21,350,483 shares of the company's stock were exchanged, compared to its average volume of 57,007,859. Super Micro Computer has a 52-week low of $17.25 and a 52-week high of $66.44. The stock has a market capitalization of $27.08 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 2.28 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.95 and a current ratio of 5.32. The business's fifty day moving average price is $48.51 and its two-hundred day moving average price is $41.43.

Read Our Latest Research Report on SMCI

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in SoundHound AI Right Now?

Before you consider SoundHound AI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SoundHound AI wasn't on the list.

While SoundHound AI currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines