by Ian Cooper
Nvidia (NVDA) is one of the biggest tech names on the market.
It’s also been one of the most explosive.
Since 2025 began, shares of the tech giant rocketed from about $135 to a current price of $202. Now a $4.92 trillion company, it still has plenty of upside potential.
Aside from Nvidia, there are two other names you may want to also consider, including:
Advanced Micro Devices (AMD)
Advanced Micro Devices continues to be a must-known AI stock.
Since bottoming out at around $76.48, AMD is now up to $260 and could test $300.
Fueling upside, the company is exposed to a multi-billion-dollar addressable market for data center AI chips. In fact, according to company Chair and CEO Lisa Su, that addressable market for AI chips will reach $500 billion by 2028, which is up from her prior estimate for $400 billion by the time 2027 rolls around.
Even better, AMD CEO Su and Energy Secretary Chris Wright told Reuters the two were coming together in a $1B partnership aimed at developing supercomputers, as noted by Seeking Alpha.
“The Dept. of Energy is creating two supercomputers that will go after large scientific issues, including cancer treatments and nuclear power, with Wright telling the news outlet that the systems would ‘supercharge’ advances in these areas.”
SoundHound AI (SOUN)
SoundHound AI, a $7 billion voice AI company, is just starting to explode higher. Since bottoming out in April at around $6.52, SOUN is now up to $17.26.
From here, we’d like to see the stock initially retest $23 a share.
Helping, analysts at H.C. Wainwright just raised its price target on SOUN to $28 from $18, with a buy rating. The firm predicted “material outperformance” in the coming periods, with third-quarter results in November potentially serving as a catalyst, as noted by Investing.com.
SoundHound AI was also upgraded to Buy from Neutral by Ladenburg Thalmann as the AI voice solutions company cooled growth concerns in its recent press release.
As noted by the firm, “’We continue to view Voice as one of the key early applications for AI systems,’ the firm added. ‘The company is a leader in this space and is adding significant utility for enterprises looking to adopt AI functionality. The Amelia acquisition still needs further integration but is providing solid benefits in terms of scale, new lead generation, and an entry into the enterprise,’” as quoted by Seeking Alpha.
The stock is also up on news of Red Lobster, and it announced a partnership to roll out an AI-powered phone ordering agent.
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