Dan Ives to markets battering tech stocks - What he said on AI

2026-02-07 - 14:15

Tech analyst Dan Ives and Nvidia CEO Jensen Huang are pushing back against Wall Street's fear that AI will make software companies obsolete. They argue that AI actually relies on software and presents opportunities for companies to innovate, not face extinction. Investors are reportedly overrating AI's disruptive potential, leading to unwarranted sell-offs in software giants.