By @iTnews_au
Publication Date: 2026-02-04 19:27:00
Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would replace software and related tools, calling the idea “illogical” after a significant sell-off in global software stocks this week.
The selloff, sparked in part by AI developer Anthropic’s updated chatbot release last week that heightened fears of AI-related disruptions in the data and professional services industries, has since widened to affect software stocks in India, Japan and China.
At an artificial intelligence conference in San Francisco hosted by Cisco Systems, Huang said…

