After the Philadelphia Semiconductor Index and the Nasdaq plunged, Morgan Stanley said "get ready to add positions."

Zhitong Finance APP has learned that, in the view of top strategists at Wall Street financial giants such as Morgan Stanley, the logic for contrarian position-building and buying on dips in the global AI computing power theme and broadly in technology stocks, which recently suffered heavy losses from selloffs, is taking shape. However, whether technology can achieve a bottoming rebound and a subsequent sustained upward trend has entered a dual verification period of earnings disclosure season and AI financing conditions. Michael Wilson, Chief Equity Market Strategist at Morgan Stanley, said in his latest research report that the months-long valuation adjustment for most stocks is nearing its end, and the market may complete this round of adjustment quickly or may drift lower into November, and investors should be prepared to increase equity market risk exposure during this process.