Almost unlimited: Execs says AI demand remains strong even as enterprises move to valuemaxxing

DETAILED EXPLANATION

Former Intel CEO Pat Gelsinger, now a general partner at Playground Global, told CNBC he views AI demand as almost unlimited, with energy availability as the only real constraint. Chip and data center stocks have swung on news such as Meta's plan to sell off excess AI computing capacity, though executives say underlying demand for compute has not cooled.

Nebius chief revenue officer Marc Boroditsky said enterprises are shifting from maximizing AI usage to maximizing value, a trend some are calling valuemaxxing, as companies watch return on investment more closely.