Is the software stock sell-off just a minor panic? Arm CEO: The market has misunderstood the situation

Glonghui, February 5th｜Arm CEO Rene Haas stated that concerns over "AI cannibalizing software company revenues," which triggered a stock market sell-off this week, are a minor panic and do not align with how enterprises are actually using these tools. He pointed out that, in terms of enterprise-level AI deployment, the market is still far from where it should be. Programming is not the most influential application scenario, and he believes people may be misunderstanding many different things. On Tuesday, Nvidia CEO Jensen Huang also said that selling off software company stocks out of fear of disruptive AI technology is completely unreasonable. Software products are tools, and AI will use these tools rather than reinvent them.