The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0818 GMT - Shares of European semiconductor companies are mixed after a Monday selloff that was triggered by calls for a slowdown in the development of advanced artificial-intelligence models over safety concerns. Such calls weighed on global chip stocks on Monday as investors worried that slower AI development could weigh on semiconductor demand. On Tuesday, shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 0.4% and 0.3%, respectively. BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, is up 0.4%. German chip maker Infineon Technologies declined 0.6%. STMicroelectronics shares fell 0.7%. (mauro.orru@wsj.com)

0730 GMT - Vodafone Group could benefit from several potential positive factors, Citi's Carl Murdock-Smith writes in a note. These include renewed investor enthusiasm following French billionaire Xavier Niel's investment--specifically if he were to increase his stake or seek board representation--as well as the possibility of an upgrade to short-term guidance, he says. "While some investors may be inclined to turn cautious following Vodafone's recent share price rally, we remain neutral rather than turning more defensive," he adds. However, some concerns remain related to the company's German segment, he says. Shares are down 0.3% at 1.30 pounds. (najat.kantouar@wsj.com)

0728 GMT - Thailand's near-term private investments could be weighed by regulatory uncertainty for data centers, Maybank Securities (Thailand) analyst Chak Reungsinpinya says in a report. The government has disclosed plans to overhaul approval processes for data center investments and paused the development of 166 new data centers. Data center applications received by the Board of Investment in 2Q have slowed significantly from the 1Q peak. Project applications, approvals and issuance in other sectors, including automotive and electronics, have been much more stable. However, they remain significantly smaller than data centers in terms of investment scale. "As such, while [data center] regulations remain unfinalized, we do not expect a material recovery in aggregate BOI figures," Maybank says.(amanda.lee@wsj.com)

0516 GMT - Asia remains the region with the weakest equity-positioning profile as new short-selling drives a deterioration in sentiment, Citi says in a note. Positioning in the S&P/ASX 200 weakened significantly, while Nikkei exposure remains deeply bearish and heavily profitable, reducing the prospect of immediate short-covering support. The Hang Seng has the region's most vulnerable long book, with majority of the longs underwater and increasingly exposed to capitulation risk. South Korea is the exception, as new risk flows improved Kospi positioning. However, with a large proportion of shorts still offside, a market rebound could trigger further squeeze-driven upside. (venkat.pr@wsj.com)

0443 GMT - LG Display's 3Q earnings could miss market expectations, Kiwoom Securities' Kwon Min-kyu says. The South Korean display-panel maker is facing input-cost pressure from rising semiconductor prices amid tight chip supply, the analyst writes in a note. Higher prices for some finished goods that use chips could also weaken demand, as manufacturers pass on higher costs to customers, Kwon notes. The company, like other Korean exporters, is also exposed to the impact on earnings from the won's recent sharp gains against the dollar, he adds. Kiwoom expects LG's operating profit to fall 40% from a year earlier to 257.2 billion won in 3Q, below market consensus forecast of 429.1 billion won. (kwanwoo.jun@wsj.com)

0228 GMT - Tuas's bulls at Morgan Stanley see upside to the stock even if the Singapore-focused telco loses its mobile license. Having checked with industry players, MS analysts see only a low probability of regulators severely punishing Australia-listed Tuas over its breaches of license conditions. However, they think any clarity on the ultimate outcome would likely be seen positively by the market. They tell clients in a note that a benign regulatory outcome could help the stock rerate toward its historical average, while a draconian penalty could unlock the strategic value of the Australia-listed company's large subscriber base. MS has a last-published overweight recommendation on the stock and a target price of 5.00 Australian dollars. Shares are up 1.9% at A$2.14. (stuart.condie@wsj.com)

0014 GMT - LG Electronics could post a 3Q earnings beat, driven by its solid home appliance and television businesses, says SK Kim at Daiwa Capital. The analyst expects the company to see increased business opportunities related to artificial-intelligence data centers and robotics over the medium-to-long term. He estimates LG's 3Q operating profit at 1.003 trillion won, above the Bloomberg consensus estimate of 930 billion won. The company could secure more orders for AIDC cooling solutions in 2H and join global robotics supply chains in 2027, Kim says. LG's revenue from chillers could more than double in 2027, he adds. Daiwa upgrades its rating on the stock to buy from outperform and raises its target price by 64% to 250,000 won. Shares are 1.4% higher at 201,000 won. (kwanwoo.jun@wsj.com)

1942 GMT - Some cybersecurity stocks are trading at lofty valuations following a Monday rally fueled by a sell-off in the chip sector and fears of AI cyberattacks, with names like Palo Alto Networks and CrowdStrike valued above their peak multiples in 2021. "We're definitely in a premium valuation territory," Jefferies analyst Joseph Gallo says in an interview, adding that inflecting fundamentals could support upward estimate revisions. "It's very clear that people are looking for momentum and inflection and durability, and that will ultimately justify valuations." The rally likely raises the bar for the next season of cybersecurity earnings, Gallo adds. (elias.schisgall@wsj.com)

1910 GMT - Roblox used its annual developers conference to highlight expansion of its catalog to browser and App Store-based games, an offline playing option, and an AI game development tool for non-technical creators, Wedbush says in a note. The company needs to retain developers and show investors a path back toward accelerating growth, and its updates at the conference were a start, the analysts say. "Roblox has a substantial opportunity ahead and is laying the groundwork well," they write. "We need more evidence on the monetization side, and specifically on the timeline for these initiatives to show up in bookings, before turning more constructive." They keep a perform rating but raise their price target to $48 from $40. Wells Fargo and Bank of America also lift their price targets on the stock. Shares gain 11%.(elias.schisgall@wsj.com)

1825 GMT - Unity Software and AppLovin both have ample room to grow, despite some investors' concerns that the companies will eat into each others' businesses, Morgan Stanley analysts say. The analysts think the mobile-app advertising market has enough room to support continued growth for both companies. The market is worth roughly $80 billion and currently has a conversion rate of roughly 1%, the analysts say. Improved targeting allows ad networks to get more conversions from the same number of impressions. That has helped AppLovin grow faster than the market, and Unity is now in the early stages of a similar journey, they say. (katherine.hamilton@wsj.com)

1715 GMT - Policymakers need to get in the same room with AI company leaders this week to address the latter group's request for more industry oversight and slower development of the technology, Melius Research analysts say in a research note. Anthropic CEO Dario Amodei has called for national legislation requiring frontier-model testing, employee-level access for external evaluators and tighter controls for adversaries in China, they say. Some senators are drafting a bipartisan bill that could be introduced this week, which would likely try to impose a "duty of care" on frontier developers, the analysts say. That would give the government authority to block an unsafe model release and create a framework for labs to test for catastrophic cyber, biological and nuclear capability, they say. (dean.seal@wsj.com)

1647 GMT - Among the takeaways from Anthropic CEO Dario Amodei's calls this weekend to slow AI development was confirmation that Recursive Self Improvement, self-improving AI models, are being deployed across the industry, Melius Research analysts say in a research note. Amodei warned that the acceleration of RSI introduces a spate of new risks. But the admission is also a huge catalyst for compute demand, the analysts say. RSI runs on inference with thousands of agents constantly writing code, launching experiments and reading results, they say. Slowing upfront model training doesn't stop that loop, and arguably just redirects compute budgets elsewhere, the analysts say. "The models RSI produces are better and cheaper per token and every price cut in the last two months has been met with more consumption," they say.