甬兴证券2026年度通信策略：光互联 + 端侧 AI 双轮驱动

格隆汇2025-12-18

近期，甬兴证券发布通信行业2026年策略，认为光互联技术持续发展，端侧AI场景日益丰富。消息侧，全球算力需求及技术迭代利好产业链。海外云厂商资本开支快速提升，中国智能算力规模高速增长。光互联技术演变发展推动产业链需求增长。未来800G和1.6T等高速光模块的需求有望快速增长；Scale-up渗透率提升驱动数通光模块需求增长；硅光解决方案是光模块未来重要发展方向之一；全光交换OCS技术赋能灵活拓扑与...

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