Serenity: Markets Price Themes 8 Months Ahead, Betting on Photonics, Storage, and AI Chips

According to BlockBeats, on June 25, Serenity shared investment insights stating that markets typically price themes approximately 8 months ahead, except for space, robotics, or quantum topics. Based on this pattern, he outlined a timeline for key semiconductor opportunities.

In photonics, next-generation pluggable optical modules (1.6T) are near current stage, with CPO Scale Out expected in H2 2026, NPO in H2 2026 to 2027, and CPO Scale Up in H2 2027. For storage, HBM3e is currently ramping across Micron, Samsung, and SK Hynix, with HBM4 approaching production and HBF expected in 2027. Serenity indicated these storage companies remain in mid-bottleneck phase with potential for continued multiplier growth, and plans to reposition holdings around storage, Neoclouds, photonics, and robotics themes.