Deepwater Asset Management‘s Managing Partner Gene Munster has forecasted a potential downturn in AI stocks due to Microsoft Corp‘s (NASDAQ:MSFT) Azure underperformance. Despite this, Munster remains optimistic about the AI sector’s future. What Happened: Munster took X to share his insights on the impact of Microsoft’s fourth-quarter financial results, released on Tuesday. He expects the AI stocks to decline in response to the Azure growth falling short of expectations. However, Munster is confident in the long-term prospects of the AI industry, citing the continued heavy investment in big te…
