All victims of the "SaaS-pocalypse" are being looked at once again, says R. Ray Wang. Once the U.S.-Iran War ends, he believes the reinvigoration of AI chip interest will lift software as well. For Nvidia (NVDA) in particular, he expects the Mag 7 giant to show strength in every piece of the AI trade. How well it will dominate depends on how fast energy and chemical products can move through the Strait of Hormuz.

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