The rise of artificial intelligence (AI) has reshaped the world in remarkable ways. Virtual assistants handle complex customer service queries, while AI-powered chips process vast amounts of data at incredible speeds. These breakthroughs have caught Wall Street’s attention, driving a bull run since October 2022.
PwC projects AI will add $15.7 trillion to the global economy by 2030. AI is transforming how businesses operate, from restaurants using voice AI for drive-thru orders to data centers requiring sophisticated chips. As we approach 2025, two companies stand out for their unique positions in the AI industry: SoundHound AI and Advanced Micro Devices (AMD).
SoundHound AI has built an AI empire that’s revolutionizing how businesses interact with customers. The company reported quarterly revenue of $25.1 million, an 89% year-over-year increase. SoundHound AI serves seven of the top 20 global quick-service restaurant chains and has expanded into financial services, healthcare, and insurance.
Major automotive manufacturers have integrated SoundHound AI’s technology across luxury brands in Europe.
Voice AI driving market growth
Partnerships with vehicle manufacturers in the Middle East and India showcase global demand.
With the AI voice generators market projected to grow at nearly 30% annually through 2030, SoundHound AI’s first-mover advantage makes it a compelling investment. Advanced Micro Devices has emerged as a challenger in the AI chip race. AMD’s data center revenue soared to $3.5 billion, a 122% year-over-year leap.
The company’s AI graphics processing units (GPUs) business has exploded to over $1.5 billion in the most recent quarter. AMD’s partnership with Taiwan Semiconductor Manufacturing and its innovative chiplet manufacturing approach allow for rapid product development and competitive pricing. Industry analysts project the AI accelerator market will reach $500 billion by 2028.
AMD’s pricing, technology, and reputation position it to capture a significant share of this expanding market. SoundHound AI offers exposure to the rapidly growing voice AI market, while AMD provides access to the critical infrastructure powering the AI boom. As we enter 2025, these companies are reshaping how businesses operate and interact with customers.
For investors seeking to capitalize on the next wave of AI innovation, SoundHound AI and AMD offer compelling opportunities to participate in this technological revolution.
