Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies

Nvidia CEO Jensen Huang argued that markets are wrong to fear AI agents will destroy software companies, saying instead that AI agents are 'tool users' that will rely on existing enterprise software tools like Excel, ServiceNow, and SAP to become more productive. Huang's comments came after Nvidia reported strong earnings and raised its revenue forecast, though some analysts warn that certain software companies could still face serious challenges as AI automates workflows and lowers barriers for new competitors.