Nvidia(US:NVDA) Feng Huang Wang Cai Jing·2025-09-26 05:34Group 1 - The forum "Phoenix Bay Area Finance Forum 2025" was held in Guangzhou, focusing on the theme "New Pattern, New Path" and gathering global elites from politics, business, and academia to explore development opportunities [1] - Economist Fu Peng highlighted that the AI industry, represented by Nvidia, has crossed a critical turning point from concept to application, with a consensus forming around upstream computing power investments [3] - Fu Peng noted that Nvidia's stock price transition from speculative valuation to substantial sales revenue indicates a strong and confirmed demand for AI infrastructure [3] - The investment focus is shifting from upstream computing power to downstream vertical applications, as many investors now consider upstream investments a given [3] - The development of artificial intelligence is described as an irreversible trend, emphasizing the necessity for individuals to learn how to utilize AI in their personal and professional lives [3][4]