The market for artificial intelligence (AI) chips has been dominated by Nvidia, which explains why the semiconductor giant recently delivered another stellar set of results for the third quarter of fiscal 2025 (which ended on Oct. 27).

It's been an excellent year for stock market investors. The S&P 500 index has delivered an excellent 26% return thus far in 2024, driven by resilient macroeconomic conditions, record corporate earnings,

Nvidia stock has been on a disappointing run since its earnings last week but the good vibes looked set to return in a holiday-shortened session Friday.

SoundHound's total addressable market tops $140 billion, offering this company plenty of room for new customer acquisition and revenue growth, especially as it expands across industries such as financial services, retail, and healthcare. So, it's fair to say that, though growth has been impressive so far, this may be just the beginning.

Analysts have been busy updating their discounted cash flow models and price targets for Nvidia (NVDA) after the most important AI company in the world failed to give the sort of blow-out revenue guidance Wall Street has come to expect.

Nvidia (NASDAQ: NVDA) consistently crushed the market over the past few years. Expect 2025 to be a far different year than 2023 and 2024 were for Nvidia. After its latest growth spurt, its year-over-year comparisons will be starting from much higher baselines.