The CEO's growth comment was expected, potentially explaining a lack of stock reaction after the earnings call, he said. "Even after factoring in Jensen's biases, his case for the AI party to continue through 2025 is compelling," he added. The venture capitalist also noted that CFO Colette Kress said on the call the guidance for the January quarter would have been higher if not for the China regulation headwind. Munster, however, is positive on Nvidia. The "big picture" is that no one can touch Nvidia's GPUs or CUDA toolkit and these components are needed to build AI infrastructure, the fund manager said. "I believe the level of investment from both big and small companies related to AI in the next five years will exceed the hype and benefit Nvidia's business," he added.