CNBC Scott Wapner with Brad Gerstner at Milken Global - May 4th, 2026

Altimeter Founder & CEO Brad Gerstner joined Scott Wapner, CNBC Halftime host, at the Milken Conference to discuss the state of markets and AI. He noted that recent mega-cap earnings are beginning to validate the scale of AI investment, with strong revenue growth across hyperscalers and increasing adoption of AI-driven products. Brad emphasized that the AI landscape is not likely to be winner-take-all, pointing to multiple companies competing across enterprise and consumer use cases. He also reiterated his long-term view on Nvidia, citing sustained demand for AI infrastructure and the company’s leadership in performance efficiency.