According to CoinMeta, Asian tech stocks fell on Thursday, with SK Hynix' stock price plummeting by 9.71%, while Samsung Electronics declined by 6.13%. In Japan, SoftBank Group lost 4.36%, and Tokyo Electronics fell by more than 5%. Despite increased market volatility, analysts remain optimistic about the prospects of the tech industry. JPMorgan Chase stated in a report on Wednesday that the sell-off of Asian tech stocks did not affect the AI investment cycle. The global economy is being driven by AI and defense spending. S&P P Global pointed out in a report on August 5th that the Global Purchasing Managers Index for tech equipment grew at the fastest rate since May 2021 in July.