Adobe Gets An Endorsement From Nvidia’s Jensen Huang: No Firm 'Has Made A Greater Contribution To Storytelling’

• Adobe Summit is currently underway in Las Vegas and features a series of product announcements focusing on agentic AI.
• Last month, Adobe announced that its CEO, Shantanu Narayen, will step down.
• ADBE shares rose in Wednesday’s premarket, amid gains in the broader market, and retail sentiment improved.  

Nvidia CEO Jensen Huang offered a hat tip to Adobe and its outgoing chief executive, Shantanu Narayen, at the Adobe Summit 2026, currently underway in Las Vegas.

“No company has made a greater contribution to how the world tells stories than Adobe,” Huang said in a joint interview with CNBC alongside Narayen. “We are deeply grateful for everything you’ve done, for the technology you’ve invented, and for the industry you’ve inspired… so that we can be creative.”

Adobe shares gained 3.5% in premarket trading on Wednesday, amid a rebound in the broader market.

Adobe and Nvidia have a long-standing relationship. Adobe runs its design software on Nvidia’s servers and cloud technologies. Adobe's flagship AI Firefly has also been trained on Nvidia’s GPUs, and both companies also co-develop AI models and workflows for creators and enterprises.  

On March 13, Adobe announced that Narayen will step down as the company’s CEO and that it had begun searching for his replacement. Already facing pressure, Adobe's stock declined nearly 8% the following day.

The selloff exacerbated last week, triggered by the release of a new design tool by Anthropic. Adobe is one of the worst-hit stocks amid a broader selloff in software companies’ shares over fears that the new wave of AI tools in the market will shrink the demand for certain niche software. 

Adobe shares are down 30% year to date. On Stockwits, the retail sentiment for ADBE shifted to ‘extremely bullish’ on Wednesday, from ‘bullish’ the previous day.

Adobe Summit Recap

Adobe kicked off its flagship summit on Sunday, which featured a heavy dose of announcements related to “agentic AI.” 

Adobe launched CX Enterprise, a platform that uses AI agents to manage the full customer journey from marketing to engagement. It also introduced the CX Enterprise Coworker, an AI assistant that can automate marketing and workflow tasks. 

Further, the company expanded its GenStudio and Brand Intelligence to help companies create and manage content using AI, and added a brand visibility solution to improve how brands appear in AI-driven search. 

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