Serenity: Micron Signs Long-Term Memory Supply Agreement with Qualcomm; AI Storage Stock Decline May Be More Due to Deleveraging Pressure

Odaily reported that "White-Haired Stock God" Serenity stated that today, Micron ($MU) announced the signing of a long-term memory supply agreement with Qualcomm ($QCOM). However, the market reaction was somewhat unexpected, with Micron's stock price subsequently falling by 5.37%.

Serenity believes that against the backdrop of the AI industry chain continuously signing long-term supply agreements to lock in future demand, current memory and AI-related stocks themselves have not shown any significant signs of fundamental deterioration.

He noted that the recent sector adjustment is more likely due to a chain reaction triggered by market deleveraging and margin pressure, rather than a reversal in AI demand or storage industry trends.

Serenity pointed out that as AI infrastructure construction continues to advance, companies across the industry chain are strengthening supply security through long-term agreements. Short-term market volatility may more reflect adjustments in capital flows and valuations, rather than a shift in the long-term growth logic.