[Institution: Tech Stock Plunge Not Due to AI Logic Reassessment, Key Lies in Whether Spending by Giants Slows Down] Deep Tide TechFlow reports that on June 8, the Asian markets continued last week's brutal sell-off on Monday, with South Korea's KOSPI index plunging over 8%, led by the semiconductor sector. Mark Whelan, Chief Investment Officer at Lucerne Asset Management, stated, 'This wave of movement appears more like the unwinding of positions and momentum strategies rather than a reassessment of the long-term artificial intelligence narrative. South Korean tech stocks have long been among the strongest-performing stocks globally, with highly concentrated market positions. Therefore, when last week's non-farm payroll report shifted interest rate expectations, these stocks naturally became a source of liquidity. The key issue now is whether the artificial intelligence spending by mega-cap companies will slow down. At this stage, we have not seen evidence of this.' (Jin10)