Serenity: Three major technology themes are being verified and promoted, with photons and storage potentially becoming the next main focus Odaily Planet Daily News: Serenity, the "white haired stock god", announced in an article on X platform that its three major investment themes, Neoclouds, Photonics, and Memory, which were proposed earlier, are gradually being realized in the market and are being validated by individual stock performance. From the trends of assets such as AAOI, EWY, and NBIS, it can be seen that the related industrial chain is entering an accelerated stage of differentiation, with some targets reaching historic highs. Serenity also mentioned that IREN has been relatively stagnant due to the pressure of a $6 billion ATM issuance renewal, while Nebius continues to strengthen, forming a clear differentiation pattern. The core of the market lies in predicting the main theme in advance and making concentrated allocations in the correct track, but even if the software direction is chosen correctly, the returns may not be as expected due to structural market differences. In terms of outlook, Serenity believes that photon technology is still in its early stages, but the long-term space is relatively large; Nebius has the potential to develop into a "cloud computing version of AWS", while Micron (MU), SK Hynix, and Samsung Electronics may have industry level reassessment potential similar to Nvidia driven by structural memory demand.