switching costs

Broadcom's custom AI chip business is growing 140% YoY as hyperscalers develop alternatives to expensive Nvidia GPUs, positioning it as a more resilient long-term AI investment.

ServiceNow stock plummets 50% as the company confronts a strategic paradox: selling AI technology that could commoditize its core business while facing margin pressures and fierce competition.

Palantir could become the operating system for enterprise AI through its integrated platform ecosystem, potentially achieving infrastructure-level economics similar to Microsoft over three years.

Veeva Systems targets $6B revenue by 2030, doubling current business. Stock down 35% recently, but specialized platform and customer switching costs support long-term growth outlook.

Software stocks plunged 30% since October on AI disruption fears, but major players like Microsoft and Adobe maintain competitive advantages and trade at discounts to historical valuations.

Software firms with entrenched markets and high switching costs—like Cloudflare, AppLovin, and MongoDB—show resilience against AI disruption, offering investment opportunities amid sector volatility.