Nvidia CEO Jensen Huang said customer demand for AI chips continues to exceed supply, with new orders arriving almost every week—and even daily—underscoring sustained demand.

Analyst Ives attributed the market sell-off to concerns about rising financing costs for AI infrastructure after U.S. Treasury yields climbed above 5%.

Ives said those concerns primarily reflect financing challenges, while underlying demand for AI computing capacity remains strong. He views the pullback as a buying opportunity for investors.