Arm CEO Warns Investors About AI Overreaction

Arm CEO Rene Haas told the Financial Times that investors are experiencing a "micro-hysteria" about AI's threat to software companies, saying market panic outpaces actual deployments. He pointed to volatility after Anthropic's legal-AI announcement and Bloomberg's reports of rapid selloffs as evidence of a reality gap between capabilities and enterprise adoption. The remarks imply valuation dislocations and potential opportunities for long-term investors.