Tech Bull Gene Munster Maintains AI Will Have 'Bigger Impact' On Humanity And Investing Than Internet Even As Nvidia's Market Cap Nosedives Nearly $300B, Dragging Nasdaq By Over 3%
Tech Bull Gene Munster Maintains AI Will Have 'Bigger Impact' On Humanity And Investing Than Internet Even As Nvidia's Market Cap Nosedives Nearly $300B, Dragging Nasdaq By Over 3%
However, the Nasdaq ended up dropping 3.3% on the same day — a rare occurrence, as it was only the eighth time in the last 500 trading days that the index declined by more than 3%, Munster noted.Deepwater Asset Management's managing partner Gene Munster remains bullish on the transformative potential of AI, even as Nvidia Corp.'s (NASDAQ:NVDA) market cap nosedived by nearly $300B, dragging Nasdaq down by over 3%.
深水資產管理公司的管理合夥人吉恩·芒斯特仍然看好人工智能的變革潛力，儘管英偉達公司s（納斯達克股票代碼：NVDA）的市值暴跌了近3000億美元，使納斯達克下跌了3％以上。
What Happened: On Tuesday, Munster took to X, formerly Twitter, and said that he still believes in the long-term impact of AI, despite the short-term market fluctuations.
發生了什麼：週二，芒斯特在X（前身爲Twitter）上表示，儘管短期市場波動，但他仍然相信人工智能的長期影響。
He first commented on the unfortunate timing of his earlier statement during an appearance on CNBC, where the analyst said that tech stocks would likely continue to rise in September.
他在CNBC露面時首次評論了他早些時候發表聲明的不幸時機，該分析師表示，科技股可能會在9月份繼續上漲。
However, the Nasdaq ended up dropping 3.3% on the same day — a rare occurrence, as it was only the eighth time in the last 500 trading days that the index declined by more than 3%, Munster noted.
但是，芒斯特指出，納斯達克指數在同一天下跌了3.3％，這種情況很少見，因爲這是該指數在過去500個交易日中第八次下跌超過3％。
"Shame on me for trying to predict what the market will do in the near-term. That said, the fundamentals of AI are most important to what the market does over the next 3-5 years," he posted.
「我試圖預測市場在短期內的走勢真是太可惜了。儘管如此，人工智能的基本面對於未來3-5年的市場表現最爲重要，」 他發帖說。
"I continue to believe AI will have a bigger impact on our lives and on investing than the internet."
「我仍然相信，人工智能將比互聯網對我們的生活和投資產生更大的影響。」
Talk about bad timing. This morning I was on @SquawkCNBC and I made the case that tech would continue to move higher in September. The Nasdaq traded down 3.3% today. This was only 1 of 8 times the Nasdaq has traded down more than 3% in the last 500 trading days.
— Gene Munster (@munster_gene) September 3, 2024
Shame on me for...
談談不好的時機。今天早上我在 @SquawkCNBC 上，我證明九月份科技股將繼續走高。納斯達克指數今天下跌了3.3％。這只是納斯達克在過去500個交易日中下跌超過3％的8次中的1次。
— 吉恩·芒斯特 (@munster_gene) 2024 年 9 月 3 日
我真可惜...
Why It Matters: The plunge in Nvidia's market cap comes after the company's second-quarter earnings report in which it exceeded expectations on earnings and revenue, yet investors pulled back afterward – its stock price fell about 10% in a single day, resulting in a loss of $300 billion from the chipmaker's market capitalization.
爲何重要：英偉達的市值暴跌是在該公司發佈第二季度業績之後發生的，在該報告中，其收益和收入超出了預期，但投資者隨後撤回了——其股價在一天之內下跌了約10％，導致該芯片製造商的市值損失了3000億美元。
This was part of a broader market downturn, with the Dow Jones sliding 1.5% and the Nasdaq pulling back 3.3%.
這是更廣泛的市場低迷的一部分，道瓊斯指數下跌1.5％，納斯達克指數下跌3.3％。
On the same day, the Jensen Huang-led company also received a subpoena from the U.S. Department of Justice, as it stepped up its investigation into possible antitrust violations by the AI computing giant.
同一天，這家由黃延森領導的公司還收到了美國司法部的傳票，以加強對這家人工智能計算巨頭可能存在的反壟斷違規行爲的調查。
Price Action: At the time of writing, in after-hours trading, Nvidia shares have fallen by 2.41% to $105.40. The tech giant closed Tuesday's session at $108, down 9.53%, according to Benzinga Pro data.
價格走勢：在撰寫本文時，英偉達股價在盤後交易中下跌2.41％，至105.40美元。根據Benzinga Pro的數據，這家科技巨頭週二收於108美元，下跌9.53％。
- Cathie Wood Congratulates Elon Musk On xAI Milestone After AI Firm Brings 100K Nvidia GPU Colossus Cluster Online In Just 122 Days: 'Many Big Announcements Ahead'
- 凱西·伍德祝賀埃隆·馬斯克達成 xAI 里程碑，此前人工智能公司在短短 122 天內將 10,000 個 Nvidia GPU Colossus 集群上線：「未來有許多重大公告」
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：此內容部分是在人工智能工具的幫助下製作的，並由Benzinga的編輯審閱和發佈。
Photo courtesy: Shutterstock
照片來源：Shutterstock