Nvidia CEO delivers blunt 7-word on software stocks [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
Jensen Huang has a message for Wall Street : You misread the AI playbook. The Nvidia NVDA ) CEO stepped in front of CNBC's cameras Wednesday night and delivered a pointed rebuttal to the panic selling that has hammered enterprise software stocks for weeks. His verdict was blunt and direct. "I think the markets got it wrong," Huang told CNBC after Nvidia posted a record-breaking quarter. Far from killing software, he argued, agentic AI will become one of the biggest users of the tools investors are currently dumping. The timing gave his words extra weight. Nvidia just reported fiscal Q4 revenue of $68.1 billion, up 73% year over year, with data center sales alone climbing 75% to $62.3 billion. When the man supplying the shovels for the AI gold rush says the mines are safe, markets tend to listen. Why Huang thinks the selloff is a mistake The backdrop here matters. What traders have dubbed the "SaaSpocalypse" has wiped out more than $1 trillion in enterprise software market val
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