New investment guru Serenity: The core of investing is discovering industry trends that the market has not yet reached a consensus on.

According to Odaily Odaily, Serenity stated in an article on the X platform that his investment style is essentially based on highly independent judgment. The core of his approach lies in identifying industry trends where the market has not yet reached a consensus, and then combining this with real-world observations, industry research, and revenue forecasts to make highly confident extrapolations. Serenity cited the Raspberry Pi as an example, noting that while most investors still viewed it as educational and DIY hardware, he observed an increasing number of developers using the Raspberry Pi and Apple Mac Mini to deploy AI applications, validating this trend through online tutorials. He ultimately concluded that AI would become the company's new growth engine; subsequently, the company's financial report showed a 58% year-on-year revenue increase, exceeding the market's previous expectation of 14%. Serenity stated that his investment judgment in AXT was based on research into the indium phosphide substrate industry chain and expectations of a photonics supercycle. He believes that AXT controls approximately 40% of the indium phosphide supply chain, holding a key bottleneck position, and its long-term value is underestimated. Regarding X-FAB, Serenity stated that it is still in the simulation and verification phase. They have identified the company as a significant player in government documents, ASE data, and industry chain information, and Nvidia is assessing its capabilities. They will continue to monitor for further evidence to validate this investment logic in the coming months. Serenity emphasized that many current investment opportunities stem from a comprehensive inference based on fragmented information, current trends, and industry changes, rather than solely from traditional valuation models.