A new AI developer tool has caused concern among investors about Nvidia’s future. CEO Jensen Huang addressed these fears at an AI conference, stating that it is illogical to think AI will replace software tools. Despite Nvidia stock plunging, Huang believes investors should reconsider dumping AI-related stocks.

An AI tool introduced by Anthropic has raised fears of a tech stock downturn. The plugin tool for the Claude LLM model could replace software tools in various industries. Nvidia CEO Jensen Huang dismissed these concerns, stating that AI breakthroughs are about utilizing tools, not replacing software.

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Read more at Nasdaq: Why Did Nvidia Stock Plunge Today?