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21 Jan 2026
SAP shares hit 17-month low as AI-driven selloff burns $130 billion
Summary
SAP shares fell to a 17-month low, losing $130 billion in market value since their record high, due to concerns about AI disruption impacting the value of its services. While analysts remain optimistic about SAP’s future, the company’s cloud transition is crucial as AI makes some modules easier to develop and replicate.