【券商聚焦】中信证券：美国光模块厂商短期内完全替代中国供应能力仍存在难度

金吾财讯08-13

金吾财讯 | 中信证券研究指，美国拟禁中国光模块，反映出美国AI产业链安全战略在进一步延伸。美国企业虽然在部分核心环节仍具技术优势，但中国在全球铟资源供应中占主导地位，并且中国高速光模块具备规模、制造和供应链优势。该政策若实施将推动美国数据中心光模块供应链向美国厂商及其他非中国供应商转移，但预计短期内完全替代中国供应能力仍存在难度

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