AI Gold Rush: CoreWeave and SoundHound Lead the Charge—But Are You Ready for the Ride?

The AI revolution is here, and two companies—CoreWeave (CRWV) and SoundHound AI (SOUN)—are positioned at the epicenter of this technological tsunami. But here's the catch: These stocks aren't for the faint-hearted. They're volatile, risky, and require a disciplined approach to navigate their wild swings. Let's break down why these companies could be the next big winners in AI—and why you need to take calculated risks now.

CoreWeave: NVIDIA's Darling in the AI Infrastructure Race

CoreWeave's stock has soared 65% since its March 2025 IPO, fueled by NVIDIA's massive 7% stake—now valued at $2 billion. This isn't just a financial bet; it's a strategic partnership that's turning CoreWeave into the go-to for AI cloud infrastructure.

Why Buy?
- Revenue on Fire: Q1 2025 revenue surged 420% to $981.6 million, driven by a $4 billion OpenAI contract expansion.
- NVIDIA's Seal of Approval: The graphics chip titan owns 78% of CoreWeave's disclosed portfolio, a vote of confidence in its ability to scale data centers for the AI boom.
- Backlog Goldmine: With $25.9 billion in committed contracts, CoreWeave is already booked for years of growth.

Risks?
- Debt Mountain: $20–$23 billion in capital expenditures for 2025 could strain liquidity if revenue growth stalls.
- Microsoft Dependency: 62% of 2024 revenue came from Microsoft. Diversification is critical—and urgent.

Cramer's Call: This is a buy, but don't go all-in. Use dollar-cost averaging to ride the volatility. Historically, when CoreWeave's earnings beat estimates by over 20%, a 20-day hold yielded an average return of 33.12%, though with a maximum drawdown of 18.97%. This underscores the strategy's potential reward, justifying disciplined entries.

SoundHound AI: Voice Tech's Next Big Thing—With a Legal Hurdle

SoundHound is betting big on voice commerce, a $63 billion market by 2025. Its Agentic AI platform powers everything from in-car voice assistants to restaurant kiosks. But here's the hitch: A class-action lawsuit threatens to derail its momentum.

Why Buy?
- Voice Commerce Dominance: Q1 revenue jumped 151% to $29.1 million, with 1,000+ restaurant locations using its tech.
- Partnerships Paying Off: Ties to Tencent, NVIDIA, and Lucid Motors prove its tech isn't just a gimmick—it's enterprise-ready.
- Cash Reserves: $246 million in the bank with no debt gives it a war chest to outlast rivals.

Risks?
- Legal Headwinds: A class-action lawsuit accuses SoundHound of misleading investors about internal control flaws. The May 27 lead plaintiff deadline could spark volatility.
- Profitability Woes: Negative margins (-425% EBIT) mean cash burns faster than revenue grows.

Cramer's Call: This is a speculative buy for the bold. Wait for dips below $10 to dollar-cost average into this one. When SoundHound's earnings beat estimates by over 20%, a 20-day hold has averaged 46.78% returns, though with a higher risk profile marked by a 29.56% maximum drawdown. This highlights the reward-potential but underscores the need for caution.

The Play: Dollar-Cost Average Into Both—But Stay Vigilant

Here's the strategy:

1. CoreWeave (CRWV):
2. Buy Now: The NVIDIA partnership and OpenAI deal are too strong to ignore.

3. Avoid: If the stock spikes above $120 (a 20% jump from current levels), wait for a pullback.

4. SoundHound (SOUN):

5. Buy Now: The lawsuit is a short-term scare, but voice tech's long-term potential is undeniable.
6. Avoid: Below $8.50, it's a value trap—wait for the lawsuit dust to settle.

Risks to Watch:
- CoreWeave: Microsoft cuts ties or OpenAI pulls back.
- SoundHound: Lawsuit settlement costs eat into cash reserves.

Final Word: The AI Gold Rush Isn't for the Timid

Both CoreWeave and SoundHound are bets on the future of computing—and they're priced for perfection. But with risks like debt, dependency, and litigation, dollar-cost averaging is non-negotiable.

This is a multi-year play. Ride the volatility, but don't let greed or fear push you into all-in decisions. The AI gold rush is here—dig smart.

Action Plan: Start small. Buy $500 of each stock weekly until you're fully invested. Then hold tight.

The market's next big winners are here—but only for those brave enough to play the long game.