Citi CEO Says Last Week’s AI Asset Repricing ‘Overdone’, Compute Demand Persists

The notable part is that this pushback comes from a large bank CEO rather than a tech executive, giving the "overshoot" framing broader institutional weight and implicitly linking AI-asset sentiment to the wider financial system. It matters most for holders of AI-linked equities and the credit and financing channels tied to compute buildout, where narrative shifts can move faster than fundamentals. The open question is whether the demand-persistence claim holds up in subsequent earnings and capex commentary, or whether the repricing was the market pricing something the demand data has yet to confirm.