Chip stocks have experienced volatility, sparking debate about AI demand, but several AI executives told CNBC this week that demand remains strong. Pat Gelsinger, former Intel CEO and now general partner at Playground Global, said on Wednesday, "I somewhat think of AI demand as almost unlimited," adding that energy availability is "the only real limiter." Marc Boroditsky, chief revenue officer at Nebius, told CNBC on Thursday, "What we're experiencing in terms of demand is extraordinary. There's much more demand than we're able to fulfil." Andrew Feldman, CEO of Cerebras Systems, said on Wednesday that Meta and xAI selling excess capacity is a "unique" case, stating, "For the industry as a whole, the demand for compute far outstrips available capacity, and we're short on data centers." Sungyun Park, CEO of Rebellions, told CNBC on Wednesday, "AI infrastructure momentum [is] still huge," adding he believes it is "not the signal saying that … all the hyperscalers [are overinvesting] in the infrastructure."