Nvidia CEO Jensen Huang to everyone saying software is dead: AI Agents will not replace software tools, but will …

Pushing back on fears of AI cannibalizing the software industry, Nvidia CEO Jensen Huang said that the markets miscalculated the threat and that the markets “got it wrong”. Speaking in an interview with CNBC’s Becky Quick, Jensen Huang said investors have “got it wrong” by assuming AI agents will replace traditional enterprise software. Instead, he said AI agents will rely on existing software tools to get work done, making companies more productive rather than obsolete. His comments came just hours after Nvidia posted strong quarterly results and issued an upbeat revenue forecast, easing concerns about slowing AI demand but reigniting debate around the future of software firms.

Nvidia CEO Jensen Huang: AI agents will work with software, not replace it