China optical transceivers - AI networking Nomura Anchor Report

Key Points

• Buy InnoLight and TFC in global AI leaders’ value chain
• We believe the intensive AI infra investment from global hyperscale cloud companies, as well
• We recommend investors accumulate China optical component/transceiver companies that have
• TFC at Buy, as we like its unique position as a leading optical components platform company,
• Neutral rating on Accelink (002281 CH, Neutral) due to muted telecom capex.

Source

• File: [I] 20240920_China optical transceivers - AI networking_Nomura_Anchor Report.pdf
• Location: Dropbox/2. Semi/Networking/Primer/
• Pages: 73

Related

• _MOC-networking