The artificial intelligence boom has so far been a story about hardware — chips, servers and the data centers that house them. But Nvidia CEO Jensen Huang now says the next group of big winners could be software companies.
According to Yahoo Finance, Huang argues that software firms are "about to benefit" from the AI wave, and the outlet points to two stocks it believes could win big as that shift plays out.
The framing is notable because Huang runs Nvidia, the chipmaker whose processors have powered much of the current AI build-out. His suggestion that the spotlight may move toward software hints at a maturing market: once the underlying computing infrastructure is in place, the companies that build useful applications on top of it stand to capture more of the value.
The Yahoo Finance item does not, in the material provided here, name the specific companies or detail the financial reasoning behind the picks beyond the headline claim. Readers should treat the "two stocks" angle as the publication's investment commentary rather than a direct endorsement from Huang himself.
Why it matters: when the head of the company that sells the AI "shovels" says the gold may next be found in software, it signals that investors and businesses watching the AI economy may need to look beyond chipmakers to understand where future growth — and risk — could land.