[Institution: Stubborn Inflation Makes Fed Unlikely to Save Tech Stocks] Odaily reports that Utkarsh Ahuja, founder and managing partner of Moon Pursuit Capital, stated that persistently high inflation may limit the Federal Reserve's ability to provide monetary policy support, even as tech stocks weaken. He pointed out that recent comments by San Francisco Fed President Daly regarding potential further interest rate hikes serve as a reminder to investors not to assume the Fed will intervene to rescue the market in the near future. Ahuja stated, "For capital-intensive AI projects, even if market demand meets expectations, higher financing costs and longer approval cycles could reduce project returns." He added that for companies whose existing projects have not yet generated cash flow but need to raise new funds, they not only face project execution risks but also must contend with the uncertainty of future financing conditions. (Jinshi)