Despite the rapid expansion of the artificial intelligence (AI) ecosystem, stock prices of major South Korean platform companies, including Naver, have struggled to rebound. As market liquidity concentrates on hardware manufacturers that monopolize AI equipment supply, some analysts suggest that platform companies are receiving unfavorable valuations due to the burden of service advancement costs. However, some also diagnose this as merely a temporary correction driven by recent market volatility.

However, the possibility of a shift in market dynamics is also being raised. As large-scale capacity expansion and supply chain diversification in the manufacturing sector begin in earnest, there is an observation that once hardware prices enter a stabilization phase, technology companies' spending structures will improve dramatically. The easing of cost burdens is expected to directly lead to improved operating margins and expanded marketing and investment, serving as momentum for a full-scale rebound among platform companies.

Currently, market investment funds are concentrated in the manufacturing sector, which supplies core equipment. Meanwhile, software-centric companies, such as large language model (LLM) operators, are failing to receive fair valuations due to the financial burden of maintaining infrastructure. However, looking back at the history of information and communication technology (ICT) development, a sequential cyclical structure in which network ecosystems experience explosive leaps has been repeatedly observed.

Experts anticipate that major technology-focused platform companies will see a full-scale rebound starting from the point when the effects of capacity expansion become visible. In the process of normalizing corporate values that had been suppressed by excessive cost pressures, the current low stock price levels could serve as a new entry opportunity for investors. Ultimately, there is growing support for the recommendation that the current correction phase should be utilized as a timing to increase positions from a mid-to-long-term perspective.

[※ This article was written using AI. It was reconstructed based on publicly available market data and objective information, and financial markets are subject to real-time fluctuations. Investment decisions should be made carefully at your own discretion after checking the latest disclosures and market prices. Under no circumstances may this information be used as evidentiary material for determining legal liability regarding investment outcomes.]