According to CoinMeta, Serenity stated that they remain bullish on the storage sector represented by MU and Samsung, and pointed out that market attention is shifting towards photon sector targets such as AXTi to Lite. Serenity believes that the fundamentals of the photon sector have not deteriorated, and the bottlenecks in photonic transceivers and indium phosphide substrates remain unchanged. Serenity mentioned that there is a sense of surrender among retail investors in the storage sector, and the current ratio of operating profit to market value in the storage business is extremely unreasonable, with a severe imbalance in demand expected next year.