CITIC Construction Investment's research report highlights that the AI computing power industry chain has entered a phase of profound expansion, with downstream demand propelling upstream production capacity. Notably, Amazon's AI-related annualized revenue surpassed $15 billion in the first quarter, underscoring the robust commercial monetization capabilities and the clear potential of AI applications among cloud giants. Concurrently, Lumentum, a key supplier of upstream optical components, is projected to exhaust its production capacity ahead of schedule by 2028, underscoring the scarcity of essential hardware support and the extended construction timelines involved.

This dynamic is evident across the spectrum, from the growth in cloud software revenue to the long-term commitments for hardware infrastructure orders, collectively forging a robust cycle of prosperity within the AI industry. Given these factors, CITIC Construction Investment reaffirms its positive outlook on the global optical communication industry, forecasting sustained high growth over the forthcoming five-year period. The firm continues to advocate for investments in the optical communication sector.