Serenity: Still bullish on storage sector, market focus shifts to photonics field

Serenity stated in a post that they are still bullish on storage sectors represented by MU and Samsung, and pointed out that the market focus is shifting towards photonics sector targets such as AXTI to LITE. Serenity believes that the fundamentals of the photonics sector have not deteriorated, and the bottlenecks of optical transceivers and indium phosphide substrates remain unchanged. Serenity stated that retail investors in the storage sector are showing signs of surrender, and the current ratio of operating profit to market value in the storage business is extremely unreasonable, leading to a serious imbalance in demand next year.