Kevin Hassett says US economy can thrive despite data center slowdown
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Kevin Hassett said the US economy can keep growing even if data center buildout slows, arguing that strength outside AI infrastructure can offset a pullback in that spending. The comments push back on the view that the AI capex cycle is now a single point of failure for US growth, a debate that has weighed on technology and crypto-linked infrastructure names. No specific token, chain, TVL, volume or market-cap figures were cited in the remarks. Watch upcoming data center capex guidance from hyperscalers and the next round of US growth data for confirmation of Hassett's thesis.
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Kevin Hassett, United States