Despite recent concerns about a potential slowdown in the AI market, Gene Munster, a prominent tech analyst, remains bullish, citing TSMC’s strong Q3 performance as evidence. TSMC’s robust demand for AI chips and exceeding revenue expectations reinforce the strength of the AI market.
In a recent appearance on CNBC’s ‘Fast Money,’ Gene Munster of Deepwater Asset Management offered his insights on Apple’s latest quarterly results and the company’s prospects for the future.
Tesla’s first-quarter earnings call elicited mixed reactions from analysts, leading to a 13% spike in after-hours trading. Future Fund’s Gary Black praised CEO Elon Musk’s performance, highlighting the confirmation of an accelerated start of production for the next-gen vehicle and reassurances about 2024 volumes. Deepwater Asset Management’s Gene Munster projected a potential future rivalry between Tesla, Uber, and Lyft in the ride-hailing sector, envisioning a fleet in the tens of millions. However, Tesla bear Gordon Johnson of GLJ Research expressed a sharply negative view, criticizing the abandonment of the next-gen platform and record cash burn.
Gene Munster, Managing Partner at Deepwater Asset Management, provided his insights on Tesla’s quarterly results during a segment on CNBC’s ‘Fast Money’ program. Munster discussed the company’s strong performance, its ongoing challenges, and his outlook for the future.
