US White House Economic Director Hassett says there is plenty of room for data centre growth to continue, CNBC interview
ORIGINAL · NewsquawkUS White House Economic Director Hassett says there is plenty of room for data centre growth to continue, CNBC interviewRead originalHide original
Concerns about an AI bubble are warranted. Can still have blockbuster economy even if data centres slow down. Inflation should be decelerating. Respects judgement of Warsh and the Fed. US President Trump is excited about the deal made with Intel (INTC). Reassuring to see Intel (INTC) turn around sharply over time. INTC performance is good news for the chip market. Acknowledges hiccups in chip firms in recent weeks.
Hassett discussed AI-bubble concerns, data-centre growth, inflation, the Fed, and Intel, including its reported turnaround and chip-market significance.
News detail
Concerns about an AI bubble are warranted. Can still have blockbuster economy even if data centres slow down. Inflation should be decelerating. Respects judgement of Warsh and the Fed. US President Trump is excited about the deal made with Intel (INTC). Reassuring to see Intel (INTC) turn around sharply over time. INTC performance is good news for the chip market. Acknowledges hiccups in chip firms in recent weeks.
Related stocks
1 stocks
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.