Here's what smart people are saying about fears of a software apocalypse [Business Insider]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Stocks are sliding for a third day amid a software-related sell-off. Recent AI advancements have undermined some investors' faith in established software names. Jensen Huang , Arm CEO Rene Haas, and former Microsoft exec Steven Sinofsky are skeptical of the market's reaction. Not everyone in finance and tech is sold on the idea that AI is going to kill the software business. Wall Street's fears of AI-related disruption has been driving a sell-off of software stocks after the release of Anthropic's new industry-specific plug-in. From Nvidia's CEO dismissing the concerns, to Zoho's founder acknolweding the industry is "ripe for consolidation," here's what leaders in tech and finance are saying: Jensen Huang Nvidia CEO Jensen Huang said that companies like ServiceNow remain bright spots in the software industry. Steve Marcus/REUTERS
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- NVIDIA CEO Jensen Huang Unveils Biggest-Ever Dassault Partnership to Power AI Virtual Twins [Yahoo! Finance]Yahoo! Finance
- Nvidia Shares Surge on Big Tech's $650 Billion AI-Spending Plan [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nvidia shares rise 8% as Jensen Huang says $660 billion capex buildout is sustainable [MSNBC.com]MSNBC.com
- Tech Voices: Huang on AI CapEx, Goldman-Anthropic, China CPU delays [Seeking Alpha]Seeking Alpha
- Nvidia rises 7% as Jensen Huang says $660 billion capex buildout is sustainable [MSNBC.com]MSNBC.com
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