3 AI Stocks That Could Turn You Into a Millionaire

Published Date : 19/06/2025 

Explore three AI stocks, including IonQ, SoundHound AI, and AppLovin, that have the potential to turn a modest investment into a million-dollar portfolio. 

If you're looking for stocks that have the potential to make you a millionaire on a relatively modest investment, you're likely going to have to take some pretty big chances. That means looking for stocks that have huge potential but carry added risks. These types of stocks also rarely come at bargain prices. But there are a few stocks out there with real potential to make you a millionaire on a modest buy-in. Let's look at three artificial intelligence (AI) stocks that have what it takes.

IonQ (NYSE: IONQ) offers a compelling long-term bet on quantum computing. Its systems have demonstrated low error rates and scalability, two important factors needed to develop fault-tolerant quantum computers. Fault tolerance is a measurement of a quantum computer's ability to self-correct and produce accurate results even when some parts experience errors. Quantum computing needs to achieve fault tolerance in order to be used in real-world applications.

Importantly, Nvidia CEO Jensen Huang recently said quantum computing was at an 'inflection point.' That's a big endorsement of the technology and a reversal from what Huang had said just a few months earlier. Meanwhile, IonQ is working with Nvidia and pharmaceutical giant AstraZeneca to use quantum computing for small-molecule drug development.

Overall, IonQ is well-funded, with over $700 million in cash and investments and no debt. It's signing new commercial deals, building real quantum computing infrastructure at its Washington, D.C., manufacturing facility, and generating revenue. It's also been aggressive when it comes to acquisitions, buying rivals to help improve its technology. Quantum computing is still in its very early innings, so there are a lot of risks involved. However, if quantum computing becomes the next big technological innovation after artificial intelligence, IonQ could be a big winner.

SoundHound AI (NASDAQ: SOUN) is trying to position itself as a leading AI voice and agent platform. At its core, SoundHound is a voice AI company. Its platform goes beyond basic speech-to-text, as it uses proprietary 'speech-to-meaning' and 'deep meaning understanding' technology designed to capture user intent in real time, enabling far more fluid and transactional voice interactions than legacy systems.

SoundHound AI's technology has the potential to revolutionize how businesses interact with customers. The company is already working with major brands and has a growing list of partnerships. Its technology can be integrated into various applications, from automotive systems to smart home devices, making it a versatile player in the AI space.

AppLovin (NASDAQ: APP) has a huge opportunity if it can move its adtech beyond gaming apps. The company is a leading mobile marketing platform that helps developers grow and monetize their mobile apps. AppLovin's adtech solutions are primarily used in the gaming industry, but the company is looking to expand its reach into other sectors.

The mobile advertising market is expected to grow significantly in the coming years, and AppLovin is well-positioned to capitalize on this growth. The company has a robust platform that can handle large volumes of ad traffic and offers advanced targeting and analytics tools. By expanding into non-gaming apps, AppLovin can tap into a larger and more diverse market, potentially driving significant revenue growth.

These three AI stocks—IonQ, SoundHound AI, and AppLovin—each offer unique opportunities for investors. While they come with their own set of risks, the potential rewards are substantial. If you're willing to take a chance on these high-growth companies, they could turn a modest investment into a significant return over time. 

Frequently Asked Questions (FAQS): 

Q: What is quantum computing?

A: Quantum computing is a form of computing that uses quantum-mechanical phenomena, such as superposition and entanglement, to perform operations on data. It has the potential to solve complex problems much faster than traditional computers.

Q: Why is IonQ a good investment?

A: IonQ is a leader in quantum computing with low error rates and scalable technology. It is well-funded, has strategic partnerships, and is building real quantum computing infrastructure, making it a compelling long-term investment.

Q: What does SoundHound AI offer?

A: SoundHound AI provides advanced voice and agent technology that goes beyond basic speech-to-text. It uses 'speech-to-meaning' and 'deep meaning understanding' to capture user intent, enabling more fluid and transactional voice interactions.

Q: How is AppLovin expanding its business?

A: AppLovin, primarily known for its adtech in gaming apps, is looking to expand into non-gaming apps. This move could help the company tap into a larger and more diverse market, driving significant revenue growth.

Q: What are the risks associated with investing in these AI stocks?

A: Investing in high-growth AI stocks like IonQ, SoundHound AI, and AppLovin comes with risks, including technological uncertainties, market competition, and the early stage of development in quantum computing and AI technologies. 

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