Buy AI Dips Now, Wealth Manager Urges

Wealth manager Doug Boneparth argues investors should buy current dips in AI stocks, calling it hard to imagine a portfolio without AI exposure. Microsoft is down 23% year-to-date, Meta 13%, and Broadcom 9%, while Anthropic's ARR has surged past $30 billion. NVIDIA remains central to the thesis, with Data Center revenue up 75% year-over-year and analyst targets well above current prices. Despite regulatory risks and market volatility, massive capital commitments from Meta, Microsoft, and Alphabet signal durable long-term demand.