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ServiceNow Surges 9% After Nvidia CEO Endorsement, Raises AI Revenue Target Above $30B
ServiceNow stock jumped over 9% after Jensen Huang publicly endorsed enterprise software as a primary beneficiary of agentic AI, and the company raised 2026 guidance with an AI revenue target topping $30B. The move signals the market is rewarding incumbents that successfully reposition workflow platforms as agent-orchestration layers rather than seat-licensed apps. It contrasts sharply with the 'SaaS is dead' narrative — established platforms with proprietary workflow data are being treated as AI winners.
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