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Hassett Dismisses AI Financing Fears, Says Industry Not at Risk of Broad Selloff
1 week ago /
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Author：小编
National Economic Council Director Kevin Hassett said the AI ecosystem is well funded and the industry is not at risk of a broad selloff. He acknowledged that some companies carry substantial debt, but noted that many well-capitalized companies hold both equity and debt and may be willing to step in if anyone gets into trouble. He added, however, that he does not think they will need to. Hassett said certain assets sometimes do need a correction, but he believes there is absolutely no risk of a broad selloff.
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