Gene Munster Says Nvidia’s Optimistic Guidance Signals AI Boom Is Far From Over
Synopsis
In a post on the X platform, Munster highlighted the slide in Nvidia’s stock and assured that the AI buildout is still in its early days.
- Gene Munster stated that Nvidia’s outlook underscores how early we still are in the AI buildout.
- The chip giant posted stellar third-quarter results, beating expectations and raising its forecast for the fourth quarter of fiscal 2026.
Deepwater Asset Management Managing Partner Gene Munster said the recent guidance from NVIDIA Corp. (NVDA) suggests that, despite investor jitters, the AI infrastructure boom is far from peaking.
In a post on the X platform, Munster highlighted the slide in Nvidia’s stock and assured that the AI buildout is still in its early days.
Big Picture Signal
In his detailed analysis, Gene Munster stated that Nvidia’s outlook underscores how early we still are in the AI buildout.
The chip giant posted stellar third-quarter results, beating expectations and raising its forecast for the fourth quarter of fiscal 2026. That upbeat guidance reflects continued demand for its data-center GPUs, Munster added.
Nvidia’s stock inched over 0.2% lower in Friday’s premarket. However, on Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.