Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg’s announcement related to “scaling capex and energy expenses for AI” during the company’s first-quarter financial results, allegedly led to a 17% stock plunge. Gene Munster believes the market’s reaction is an overreaction. What Happened: During his opening statement on Wednesday, Zuckerberg revealed the company’s plans to ramp up AI investment by scaling capital expenditure and energy expenses. He said, “We’re scaling CapEx and energy expenses for AI, we’ll continue focusing on operating the rest of our company efficiently. But realistica…
