What Bears And Bulls Think On Nvidia Is Irrelevant, Says Gene Munster Because 'AI Will Be Bigger Than The Internet'
Portfolio Pulse from Benzinga Neuro
Gene Munster from Deepwater Asset Management discusses Nvidia's earnings and the transformative potential of AI, suggesting that AI's impact will surpass the internet. Despite a recent stock dip, Munster remains confident in Nvidia's upward trajectory, citing AI's long-term growth potential.
August 29, 2024 | 2:09 am
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Nvidia's stock experienced a 9% decline due to market adjustments, despite strong earnings and AI's promising future. Gene Munster remains optimistic about Nvidia's growth, driven by AI's potential.
Nvidia's recent earnings report showed significant growth, but the stock dipped due to market corrections. Gene Munster's confidence in AI's potential suggests a positive outlook for Nvidia, as AI is expected to drive growth beyond current expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100