Jinghao Technology's Yin Lühua estimated PER at 1.6x… Serenity criticizes selling pressure on AI stocks
Original headline징하오과기 연율화 PER 1.6배 추정…세레니티, AI주 매도세 비판
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Taiwanese memory maker Jinghao Technology (ESMT, 3006) posted third-quarter net income of $330 million, which investor Serenity annualized to a price-to-earnings ratio of roughly 1.6x against a market capitalization of about $2 billion and quarterly gross profit of $526.2 million. Serenity argued on X that market deleveraging has intensified and investors are indiscriminately selling AI supply-chain stocks, with some names falling back to levels seen before large orders and earnings expectations were priced in. The critique matters because it challenges the broad AI-driven selloff by pointing to apparently cheap valuations in memory suppliers. What to watch next is whether Jinghao's Q3 results and the reported $937 million in net assets prompt a reassessment of AI hardware names as leverage continues to unwind.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
징하오과기 (ESMT), 세레니티 (Serenity), 블록비츠 (BlockBeats)