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00:02Jensen Huang said markets have miscalculated the AI threat to software companies and argued
00:07that agentic AI will use existing enterprise tools rather than replace them, according to CNBC.
00:13The NVIDIA CEO said markets are wrong to fear AI agents will cannibalize enterprise software.
00:18He expects many software companies to use agentic AI to improve development and efficiency.
00:24Huang said tools such as Cadence, Synopsys, ServiceNow, and SAP exist for a reason
00:30and that agentic AI will use these platforms on users' behalf to increase productivity.
00:35He said software companies will develop their own optimized agents.
00:38His comments followed NVIDIA's fourth-quarter results, beating estimates.
00:42Software service provider shares have fallen in recent months amid warnings that AI could displace software,
00:48though analysts remain divided on the risks and reasons behind a sell-off.
00:52For all things money, visit Benzinga.com.
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