Munster Sees Apple, NVIDIA Rebound Amidst AI Growth

Gene Munster, a renowned equity research analyst and co-founder of Deepwater Asset Management, has been sharing his views on various big tech stocks through social media and regular market notes. He remains bullish on Apple's stock despite recent downgrades by Jefferies, attributing the lack of price movement to investor concerns about the iPhone super cycle peaking.

Munster also expressed optimism regarding NVIDIA's revised estimate for AI growth, predicting substantial revenue increases in the upcoming year. He believes that the margin guide is a minor blip and not a red flag, emphasizing that the AI growth story remains intact.

Furthermore, Munster has high hopes for Anthropic, stating that its business continues to be on fire, but notes that xAI is quietly closing in fast, expecting it to overtake both OpenAI and Anthropic within months. The trigger is Grok 4.6's sharp move up the Artificial Analysis leaderboard, which he believes will continue with upcoming releases.