Gene Munster, a managing partner and co-founder at Deepwater Asset Management, underscored the long-term growth potential of Nvidia Corp. (NASDAQ:NVDA), something that he was on the lookout for in the chip giant’s fourth-quarter earnings call.
What Happened: In a post on X, formerly Twitter, on Wednesday, Munster shared his key takeaways from Nvidia’s earnings call, focusing on the company’s projected growth rates. He noted that Nvidia’s CEO Jensen Huang provided valuable context on the topic.
According to Huang, the global shift towards AI, powered largely by GPUs, will necessitate a $1 Trillion infrastructure build over the next five years, doubling the current pace. This translates to a market opportunity …
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