Huo Xing Cai Jing reports that on June 16, "White-Haired Stock God" Serenity posted on a social platform stating that their earlier assessment—regarding Micron Technology ($MU) as "the next NVIDIA"—is now being validated, noting the company’s market capitalization has risen to approximately $1.23 trillion. The account recalled that it began monitoring leading memory chip manufacturers such as Samsung Electronics and SK hynix starting in 2025, and further increased its allocation to the memory chip theme in January this year, including positions in related assets like SanDisk ($SNDK). Serenity stated that their overall thesis centered on "memory" has performed well, and the fundamental drivers behind Micron’s and the memory cycle’s upward movement are gradually being confirmed. Additionally, they noted that their long position in the iShares MSCI South Korea ETF ($EWY) has also seen significant gains.
Serenity: Micron's 'Next NVIDIA' Thesis Gains Momentum
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Summary
On-chain data shows Serenity, the "White-Haired Stock Guru," reaffirmed his bullish outlook on Micron Technology ($MU) on June 16, 2026, as the stock’s market cap reached $1.23 trillion. He noted that his 2025 focus on memory chip leaders such as Samsung and SK hynix, along with increased exposure to SanDisk ($SNDK) in January 2026, has proven successful. On-chain analysis supports the growing case for Micron and the broader memory chip cycle, with his long position in the iShares MSCI South Korea ETF ($EWY) also rising sharply.
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