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MarketBeat Highlights Five AI Stocks with Record Trading Volume on May 3

MarketBeat flags SoundHound AI, Tempus AI, Hut 8, InterDigital and BigBear.ai as the top AI stocks by trading volume on May 3, with key market data and outlook.

David Amara/3 min/US

Finance & Economics Editor

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3 AI Stocks That Are Screaming Buys in May

3 AI Stocks That Are Screaming Buys in May

Source: FoolOriginal source

TL;DR: MarketBeat’s latest screen spots SoundHound AI (SOUN), Tempus AI (TEM), Hut 8 (HUT), InterDigital (IDCC) and BigBear.ai (BBAI) as the five AI‑focused equities with the highest dollar trading volume over the past few days.

Context Artificial‑intelligence stocks represent companies that develop, sell or heavily rely on AI technologies. Investors chase these shares for growth potential, but they also face rapid tech shifts, fierce competition and valuation swings. MarketBeat’s daily screener isolates the most actively traded AI names, offering a snapshot of where market participants are concentrating capital.

Key Facts - The five symbols—SOUN, TEM, HUT, IDCC and BBAI—registered the greatest dollar‑volume among AI stocks in recent sessions, indicating strong investor interest. - SoundHound AI (market cap ≈ $300 million) delivers voice‑AI platforms such as Houndify, enabling automotive, TV, IoT and customer‑service applications to create conversational experiences. - Tempus AI (market cap ≈ $1.2 billion) applies AI to precision medicine, helping physicians tailor treatments and supporting drug‑development pipelines. - Hut 8 (market cap ≈ $1.0 billion) runs U.S. data centers that mine digital assets and provide high‑performance computing services for AI workloads. - InterDigital (market cap ≈ $1.5 billion) focuses on R&D for wireless, visual and AI technologies, licensing patents to device makers and cloud providers. - BigBear.ai (market cap ≈ $400 million) offers AI‑driven decision‑intelligence tools for national‑security, supply‑chain and digital‑identity markets. - All five stocks outperformed the broader AI index, which has seen mixed performance as investors weigh hype against earnings realities.

What It Means Elevated trading volume suggests that traders view these companies as the most liquid entry points into the AI sector today. High volume can precede price moves, but it also reflects heightened scrutiny of earnings, partnership announcements or regulatory developments. For example, SoundHound’s recent contracts with automotive OEMs could drive its share price if integration milestones are met. Conversely, Hut 8’s exposure to cryptocurrency mining adds volatility tied to digital‑asset prices.

Investors should monitor upcoming earnings releases, partnership disclosures and sector‑wide policy shifts. The next week’s data will reveal whether the volume surge translates into sustained price appreciation or merely a short‑term liquidity event.

Looking ahead, watch for earnings reports from these five firms and any macro‑level AI policy announcements that could reshape capital flows into the sector.

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