Serenity: Leveraged Traders Shift to Crypto and Biotech, AI Stocks May Recover Faster

On August 21, Serenity stated that leveraged traders have shifted from AI stocks back to Hyperliquid (crypto market) and biotech names, which it believes may help AI stocks recover faster. The rise in South Korea's EWY ETF was mainly driven by SK Hynix's share buyback, while Samsung's foundry prices were raised by approximately 10% to 15%. Serenity noted that SK Hynix disclosed its CPO roadmap, with related solutions involving photonic interposers connecting memory, which could expand the addressable market and drive supply chain demand for lasers, photonic integrated circuits, and packaging.

Additionally, following the successful listing of ChangXin Memory Technologies (CXMT), Yangtze Memory Technologies (YMTC) is seeking an IPO in the next quarter. Optoelectronic manufacturer Tyntek hit the daily limit up, with order visibility extended to 2028, reflecting supply-demand imbalance in photodiode products within the photonics industry. Furthermore, the shortage of high-end PCB drill bits persists, with AI data centers, servers, and optical communications driving demand for PCB, HDI, and packaging substrates, while tungsten prices are also rising.

[BlockBeats]