Serenity: Leveraged traders turn to the crypto market and biotech, AI stocks may recover faster
Comparing the news, Serenity wrote that leveraged traders have switched back from AI stocks to Hyperliquid (crypto market) and biotech targets, which they believe may help AI stocks recover faster. The rise in South Korea's ETF EWY was mainly driven by SK Hynix stock repurchases, while Samsung's foundry price increased by about 10% to 15%. According to Serenity, SK Hynix disclosed the CPO roadmap. The relevant solution involves a photonic intermediary layer connected to memory, which may expand the addressable market in the future and drive supply chain demand for lasers, photonic integrated circuits, and packaging. Furthermore, following the successful listing of Changxin Storage (CXMT), Changjiang Storage (YMTC) is seeking an IPO in the next quarter. Optoelectronics manufacturer Tyntek went up and down, and the visibility of its orders has been extended to 2028, reflecting the imbalance between supply and demand for photodiodes in the photonic industry. Furthermore, the shortage of high-end PCB drills continues, AI data centers, servers, and optical communications are driving demand for PCBs, HDI, and packaging substrates, and tungsten prices are rising.

