U.S. White House National Economic Council director HASSETT downplayed worries about financing for AI infrastructure, saying the financial system has ample capital to fund related investment. Speaking to CNBC on Monday after last week’s tech rout that pushed the Nasdaq Composite to its lowest since July, he called the sector “a very well‑financed ecosystem,” while acknowledging some firms are highly leveraged. HASSETT said many large, cash‑rich companies hold other firms’ equity and debt and may

U.S. White House National Economic Council director HASSETT downplayed worries about financing for AI infrastructure, saying the financial system has ample capital to fund related investment. Speaking to CNBC on Monday after last week’s tech rout that pushed the Nasdaq Composite to its lowest since July, he called the sector “a very well‑financed ecosystem,” while acknowledging some firms are highly leveraged. HASSETT said many large, cash‑rich companies hold other firms’ equity and debt and may be willing to step in if some businesses struggle, and that he does not see a risk of a broad‑based sell‑off.