New Years Special: Tech Trends with Ives and Munster
Bloomberg Daybreak: US Edition
Deep Dive
Where are we in the AI cycle according to Gene Munster?
Gene Munster believes we are in the fourth inning of the AI cycle, still early in a three to five-year bull market. He expects another two good years of growth, with the substance of AI exceeding the hype.
What is the significance of OpenAI's daily active users compared to Google's search users?
OpenAI has around 150 million daily active users for GPT Global, while Google has 2.5 billion daily active search users. This highlights that AI adoption is still in its early stages despite the hype.
What is the multiplier effect of NVIDIA's chips on the tech industry?
For every dollar spent on an NVIDIA chip, there is an $8 to $10 multiplier across the rest of the tech industry, indicating the broad economic impact of AI hardware investments.
What are the key areas where AI is expected to drive productivity improvements?
AI is expected to drive productivity improvements primarily in the enterprise sector, with use cases in marketing, analytics, ERP, and cybersecurity. The consumer sector is expected to see significant impact in the second half of 2025 and 2026.
What is the potential impact of regulatory changes on AI development in 2025?
Gene Munster expects regulatory restrictions on big tech acquisitions to loosen in 2025, leading to more significant deals and innovation. This could accelerate AI development and market growth.
How does Dan Ives view the role of software in the AI boom?
Dan Ives sees software as a major beneficiary of the AI boom, with companies like Palantir, Oracle, and Salesforce leading the way. He believes software use cases will drive the next phase of AI growth.
What is the outlook for NVIDIA's stock in 2025?
Gene Munster and Dan Ives are bullish on NVIDIA, expecting the stock to rise due to increasing demand for AI chips and expansion into new markets like sovereign and industrial AI. They predict NVIDIA could reach a $4 trillion market cap.
How does Apple fit into the AI revolution?
Apple is expected to drive the consumer AI revolution through the iPhone 16 and Apple Intelligence. Analysts predict significant growth in iPhone sales, with Apple potentially reaching a $4.5 trillion market cap.
What is Tesla's role in the AI landscape?
Tesla is considered one of the most exciting AI plays due to its advancements in autonomy and vehicle production. Dan Ives and Gene Munster believe Tesla's AI-driven future could make it a trillion-dollar company.
What are some key stocks to watch in 2025 according to Dan Ives and Gene Munster?
Dan Ives highlights Palantir as a top pick, while Gene Munster recommends Google, noting its progress in AI despite competition from GPT. Both see these companies as significant players in the AI-driven market.
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