A post by @FirstSquawk on X.
WHITE HOUSE ECONOMIC DIRECTOR HASSETT: PLENTY OF ROOM FOR DATA CENTER GROWTH TO CONTINUE -CNBC
@FirstSquawk on X
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White House economic director Kevin Hassett said there is “plenty of room” for data-center growth to continue, according to CNBC. The remark signals that the administration sees no imminent constraint on the buildout of computing infrastructure that has underpinned demand for AI-related hardware and power. It matters because data-center capex has become a major driver of technology earnings and electricity demand forecasts. Watch for follow-through in hyperscaler capital-spending guidance and grid-connection queues.
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Kevin Hassett, White House, CNBC