Serenity: Analysis of the Market Performance and Divergence Trends of the Three Major Technology Investment Themes

Serenity stated on X that the three major investment themes of new cloud computing, photonic technology, and storage are being realized in the market, and the performance of assets such as AAOI, EWY, and NBIS verifies the accelerated differentiation of the industrial chain. IREN's performance has lagged due to pressure from a $6 billion ATM offering, while Nebius continues to strengthen. Serenity believes photonic technology is still in its early stages, Nebius has the potential to develop into a cloud computing version of AWS, and Micron, SK Hynix, and Samsung Electronics, driven by structural memory demand, possess the potential for industry-level revaluation.