Technology

Huang (Nvidia): 'Markets are wrong, Ia will not replace software developers'

Huang expects a broad swathe of software companies to use agent AI to develop their software and increase efficiency

26 February 2026

1' min read

Translated by AI

Versione italiana

1' min read

Translated by AI

Versione italiana

Nvidia CEO Jensen Huang said on Wednesday that markets had miscalculated the threat of AI to software companies, just hours after the chip giant published optimistic sales forecasts on strong demand for AI.

"I think the markets are wrong," Huang told Cnbc, dismissing fears that AI agents will cannibalise the business productivity software industry. Instead, Huang expects a wide swathe of software companies to use agent AI to develop their software and increase efficiency.

In what he described as 'counterintuitive', Huang stated that AI agents will not replace these software tools, but will use them instead.

"This is why we also say that agents are tool users," he added.

He cited the Internet browser and Microsoft Excel as examples of tools that AI agents will use.

"All these tools we use today, whether it is Cadence or Synopsys or ServiceNow or SAP, exist for a fundamentally good reason. These AI agents will be intelligent software that will use these tools on our behalf and help us be more productive," Huang added. "Nobody will offer a better service than ServiceNow, and they will develop agents that are optimised and perfected for the work that the tools at their disposal require."