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South Korea's ruling Democratic Party on the 4th strongly rejected a recent U.S. House Judiciary Committee midterm report on e‑commerce firm Coupang, calling its findings seriously inaccurate and saying Coupang is attempting to shift blame for a large-scale user data leak. The U.S. report said Coupang had long been a target of the South Korean government and accused Seoul of carrying out forced investigations, imposing overly burdensome regulatory requirements and excessive fines. Party spokesperson Jang Yun‑mi said the U.S. report relied on Coupang's unilateral claims and unverified data and seriously distorted the government's position, adding South Korea will not apply discriminatory or unfair regulation based on a company's nationality and that Coupang should stop shifting responsibility onto the government.

China Merchants Securities says the recent sharp market adjustment following Meta's compute sale is a tactical move to lift ROIC in a high‑CapEx phase, not evidence of broad compute overcapacity. The firm views the industry as shifting from pure CapEx expansion into a ROIC‑verification stage; the pullback was amplified by prior outsized gains in generalized compute names and leveraged flows, creating a short‑term liquidity‑driven negative feedback loop. After the liquidity shock, the bank judges the AI structural trend intact: storage chip supply‑demand gaps remain, MLCC price increases persist, and indium phosphide shortages continue, supporting scope for a tech recovery. It also recommends selectively targeting mispricings between mid‑year earnings and share prices.