According to the Huatai Securities Research Report, Huatai Securities organized the 2026 Fall Strategy Meeting from September 2 to 3. At the conference, discussions were held on various segments of AI computing power infrastructure. Huatai Securities found that AI computing power construction is driving industrial competition from a single accelerator to systems such as materials, interconnection, general computing and advanced packaging: 800G and 1.6T optical module iterations drive the increase in demand for active optical chips; high specifications, yield and stable delivery capacity of InP substrates are more critical, and the domestic supply chain accelerates verification and introduction; AI data centers significantly increase optical fiber usage, and the expansion cycle of optical bars is long. The supply and demand of high-performance optical fiber is expected to be tight, and the evolution of new technologies such as air core fiber is accelerated; continuous planning, tooling, and multi-tasking collaborative CPU orchestration and CPU orchestration degree Value; Large-size, high-density package upgrades open up new application space for glass substrates, and mass production capacity will determine the pace of industrialization.

According to the Huatai Securities Research Report, Huatai Securities organized the 2026 Fall Strategy Meeting from September 2 to 3. At the conference, discussions were held on various segments of AI computing power infrastructure. Huatai Securities found that AI computing power construction is driving industrial competition from a single accelerator to systems such as materials, interconnection, general computing and advanced packaging: 800G and 1.6T optical module iterations drive the increase in demand for active optical chips; high specifications, yield and stable delivery capacity of InP substrates are more critical, and the domestic supply chain accelerates verification and introduction; AI data centers significantly increase optical fiber usage, and the expansion cycle of optical bars is long. The supply and demand of high-performance optical fiber is expected to be tight, and the evolution of new technologies such as air core fiber is accelerated; continuous planning, tooling, and multi-task collaborative CPU orchestration and CPU scheduling are improving degree Value; Large-size, high-density package upgrades open up new application space for glass substrates, and mass production capacity will determine the pace of industrialization.