Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted that Micron ($MU) announced today that it had signed a long-term memory supply agreement with Qualcomm ($QCOM), but the market reaction was somewhat unexpected, with Micron’s stock price subsequently falling 5.37%.
Serenity believes that, against the backdrop of the AI industry chain continuing to sign long-term supply agreements to lock in future demand, there are currently no obvious signs of deteriorating fundamentals for memory and AI-related stocks.
He noted that the recent sector correction is more likely the result of market deleveraging and a chain reaction triggered by margin pressures, rather than a reversal in AI demand or trends in the memory industry.
Serenity pointed out that as AI infrastructure development continues to advance, both upstream and downstream players in the industry chain are strengthening supply guarantees through long-term agreements; short-term market fluctuations may reflect liquidity conditions and valuation adjustments rather than changes in the long-term growth narrative.