PRISM NextGen Tech Stocks Soundhound AI (SOUN) and Recursion Pharmaceuticals (RXRX) See Share Prices Soar From Nvidia Disclosure
February 15, 2024 at 3:16 pm - by Ashlee Vogenthaler
Today the megacap AI chipmaker Nvidia (NVDA) disclosed its stake in some smaller AI firms that has boosted shares for those associated with the disclosure.
PRISM NextGen Tech stock Soundhound AI, Inc. (SOUN) rose by 73% upon Nvidia announcing its $3.7M investment in the conversational voice assistant developer while TechBio company Recursion Pharmaceuticals, Inc. (RXRX) is up 15% from Nvidia’s $76M investment.
Other names who also saw positive share movements that were included in the disclosure were med device company Nano-X (NNOX), autonomous driving tech company TuSimple Holdings (TSPH), and chip designer, Arm Holdings (ARM).
