Nvidia CEO Jensen Huang says AI demand is soaring, but financing lags

Huang called neocloud demand off the charts at GTC Berlin as chip stocks suffered their worst day since June Jensen Huang has a demand problem. Specifically, there is too much of it and not enough money to pay for it. Speaking at Nvidia ’s GTC event in Berlin on October 22, 2026, the Nvidia CEO said appetite for specialized AI cloud providers keeps climbing, while the capital needed to build them has not kept pace. The same day Huang spoke, the Philadelphia Semiconductor Index fell approximately 6.7%. That was the index’s largest single-day decline since June.

Source: Crypto Briefing