For example, Nvidia currently owns stock in five different public companies -- Arm Holdings, Applied Digital, Recursion Pharmaceuticals, Nebius Group, and WeRide. Last quarter, however, Nvidia completely exited its position in voice recognition artificial intelligence (AI) stock SoundHound AI ( SOUN -5.50%).

SoundHound AI stock plummeted 23.1% to $11.72 after Nvidia (NVDA) sold its entire stake in the AI-powered voice technology company. Nvidia previously held 1.7 million shares worth over $8 million, but its sudden exit led to a market sell-off,

Shares of AI-driven voice recognition expert SoundHound AI (NASDAQ:SOUN) were crushed after Nvidia (NASDAQ:NVDA) revealed it had completely dumped its stock. It was hardly the love note investors were expecting to receive on Valentine’s Day.

Shares of SoundHound AI (NASDAQ: SOUN) plunged following a revelation that Nvidia (NASDAQ: NVDA) exited its investment in the voice artificial intelligence (AI) company. The stock is now down more than 40% on the year as of this writing;