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This can be the next tech multibagger

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SOUNDHOUND AI is set to double the money in this year, and its main back money should allow you to grow so well over time.
Micon technology won a large niche share of the semiconductor industry, which results in the prominent growth of income and earnings.
10 shares we love better than Soundhound Ai>

Buying and catching up high-speed-running techniques is a solid enhancing plan for your wealth. Because Tech companies have the power to bring above – the central returns of their new and disturbing environment.

Some senior technical companies today bring a professional return for a few years ago, into many groups in the process. A good part is that new wheels continue to brush, and artificial intelligence (AI) the latest transmission of the growth of several companies.

Here are two powerful companies to be a multibagrger because of the increase in AI.

Photo Source: Pictures of Getty.

Soundhound Ai (Nasdaq: Sou) A small company now has only $ 131 million in the income of trailing-12-month, but increasingly grow as a faster growing need for voice solution AI.

The Soundhound AI platform empowered customers to perform VOICE ATTHERS, voice solutions, voice solution, intelligent response plans, and commercial solutions, among other things. Its contributions have quickly found to be filled in several fields such as cars, hospitality and restaurants. The company has created a solid and various customer foundation, with large names such as StellantisSamsung, The envidNepandora uses its solutions.

Additionally, the Soundhound has been receiving the icons to strengthen its expected AI market that is expected to receive 23 to 2032 growth rate, creating $ 61 billion in the Revenue at the end of the weather period. The recent detection of the company is communicating, a company that gives the strongest AI customers to customers can be sent to customer service requests.

The SoundHound indicates that this new attainment, which is for $ 60 million in cash, which will open a new company client, which can create selling sales sales. In addition, the SoundHound now sitting in about 400 rights following the recent recent discovery. This gives a strong audio and springboard to earn money at a multibillion potential in AI.

Even the best, solid soles of soolols with $ 270 million in cash and no debt we place in a good place to continue the progress. As a result, it is easy to see why critics measure a strong growth in the living thing.

Data by ycharts.

However, the revision of an attractiveness company of $ 1.2 billion earlier than 2024 suggests that it can be easily increasing. Of course, the stock is expensive now for many of the 42 trades. Investors, however, they have to note that it tracks several growth levels of their backs, its icons, and the size of the last AI in AI.

As well as, the Soundhound has the ability to be a very large company in the long run, which is why it may be the following Tech Multbagger.

Micron technology (Nasdaq: Mu) Has another company with a solid growth room over time, due to the demand for AI conducted by Memory Chips are used in many applications. The company produces a strong memory of entry (Dram) and the Nand Flash Save memory memory Accessing data centers, computers, smartphones and vehicle applications.

The market is set by the world’s growth, producing 760 billion approximately $ 360 billion in the 20029 investment in a period of approximately 15% of the year. MCHON, however, grows at a speedy speed of memory.

The company’s income considered 48% increase in a year after he recently concluded 2025 billion, followed by another 31% of the following. This outstanding growth seems to be memorable, due to AI. That is because the micron provides its upper memory of Bandwidth (HBM) used in AI servers in all beneficiary chippsaker in the expansion of AI.

The HBM market is assumed to produce whopping $ 130 billion in the 20033 investment, growing at an average of 42%, according to the analysis from the intelligence of Bloomberg. At the same time, the greater memory is the need from the personal computer, the smartphone, and automotive markets will help in the sector growth. Since the micron gets faster growth than the sector of memory, it may be given to win a large share of this space.

Analyst growth ratings indicate that Micon can continue to receive a large share in the global memory market. This can open the way for years of a company greater growth. It is also given only to trade at 12 times, the market may be encouraged to leak micron at the Premium number that can send the future increase, may change it into multibagger.

Before buying stock in SoundHound Ai, think about:

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Harsh Chauhan does not have a position to any of the stipulated cell. The Motley fool has positions and recommended unvidia. Motley’s fool We recommend Stellantis. Motley Fool has a policy of disclosing.

Prediction: This can be the next place of the original Tech MultBagger in the original Published by Motley Fool

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