SoundHound AI's stock price soared by 67% following Nvidia's announcement of stakeholding.

Nvidia, the top semiconductor company, is investing in AI firms, including SoundHound AI, known for conversational AI.

SoundHound is gaining traction with large restaurant chains and car manufacturers, boosting its revenue and order backlog.

Despite past financial challenges and ongoing stock fluctuations, SoundHound's involvement in generative AI and solid customer base present a promising investment.

Investors may consider a cautious investment in SoundHound AI, akin to Nvidia's approach, while bracing for potential stock volatility.

The Motley Fool's analysts highlight other investment prospects, along with SoundHound AI.