China Securities Co., Ltd. research reports pointed out that AI infrastructure construction is booming with strong demand for network hardware, and Capex ratio is expected to increase further. Demand for 800G next year continued to exceed market expectations, and leading optical module companies are expected to fully benefit. With the gradual release of Nvidia's Blackwell GPU capacity, supporting 1.6T optical module and other network hardware demand is expected to rapidly increase. Continuously strongly recommend overseas optical module industry chain, and also pay close attention to the optical module and switch fields in the domestic computing power industry chain.
中信建投：重点关注光模块和交换机领域
China Securities Co., Ltd.: Focus on the fields of optical modules and switches.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.