Bloomberg Surveillance Artificial Intelligence Valuations and Previewing Black Friday
15 snips
Nov 26, 2025 
Dan Ives, Global Head of Tech Research at Wedbush Securities, dives into the booming AI revolution and its impact on tech giants like Apple and NVIDIA. He shares insights on the explosive demand for AI chips and predicts Apple's potential partnership with Google. Andrew Slimmon from Morgan Stanley discusses the strength of equities in the current market landscape, emphasizing the importance of earnings revisions. They also explore Black Friday's evolution, consumer behavior, and the growing role of AI in holiday shopping.
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NVIDIA Dominates AI Compute
- Dan Ives says NVIDIA is the single chip fueling the AI revolution today.
- Competitors like Google's TPU are years behind and only fill unmet demand, not displace NVIDIA.
Huge Enterprise AI Runway
- Dan Ives reports AI demand is accelerating, with enterprise adoption still tiny.
- Only about 3% of US enterprises have broadly adopted AI, so the market runway remains large.
Position For Apple As Consumer AI Play
- Dan Ives advises investors to view Apple as the consumer AI play because of its massive device install base.
- He expects AI to add materially to Apple's per-share value as it monetizes iOS devices.