Serenity said Micron announced a long-term memory supply agreement with Qualcomm on Tuesday, but Micron shares fell 5.37% after the news.
According to Odaily, Serenity said memory and AI-related stocks have not shown clear signs of fundamental deterioration as AI supply-chain companies continue signing long-term agreements to secure future demand.
He said the recent sector pullback is more likely the result of market deleveraging and a chain reaction from margin pressure, rather than a reversal in AI demand or storage industry trends.
Serenity added that as AI infrastructure development continues, upstream and downstream companies are using long-term agreements to strengthen supply security, while short-term market volatility may reflect funding conditions and valuation adjustments rather than changes in the long-term growth logic.
STOCKS | Serenity Says Memory and AI Shares Face Deleveraging Pressure
2026-07-16 15:03:59
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