On October 8, the A-share optical communications sector fell sharply, and many individual stocks fell to a standstill due to content related to the Damo research minutes. In response, a number of A-share listed companies responded that the relevant content of the Morgan Stanley research minutes is not an official FCC regulation, and its authenticity is open to discussion. Currently, global AI investment is still growing rapidly. It is almost impossible for the AI industry chain to completely “leave domestic supply” in the short term, and it also faces extremely high replacement costs in the medium to long term. In response to the Shanghai Securities News reporter, Changguang Huaxin said that the minutes were oral information obtained by Dama strategists during meetings with senior White House and FCC officials in Washington and are still in the policy discussion stage. It is not an official FCC regulation, and its actual impact is open to discussion. Currently, global AI investment is still growing rapidly. It is almost impossible for the AI industry chain to completely “leave domestic supply” in the short term, and it also faces extremely high replacement costs in the medium to long term. According to the minutes of the Sino-Innox Investor Exchange, large-scale release of 3.2T optical modules is expected to be around 2028-2029, and mainstream shipments in the short-term industry are still 800G and 1.6T products. Currently, the optical chip industry is extremely scarce. In the short term, the domestic optical chip industry will maintain a rapid growth trend. Regarding the sharp drop in stock prices, Yuanjie Technology said that recently, the stock price fluctuations of optical chip companies were affected by the Morgan Stanley Report. The overall decline in the industry is not an example of a company; the company did not comment on the report. From a company perspective, production and operation are currently normal, and various businesses are being carried out normally. Shijia Photonics, on the other hand, said that the company has not received any news related to the price reduction of optical chips, and the current decline in the sector may have been affected by reports released by Morgan Stanley.

On October 8, the A-share optical communications sector fell sharply, and many individual stocks fell to a standstill due to content related to the Damo research minutes. In response, a number of A-share listed companies responded that the relevant content of the Morgan Stanley research minutes is not an official FCC regulation, and its authenticity is open to discussion. Currently, global AI investment is still growing rapidly. It is almost impossible for the AI industry chain to completely “leave domestic supply” in the short term, and it also faces extremely high replacement costs in the medium to long term. In response to the Shanghai Securities News reporter, Changguang Huaxin said that the minutes were oral information obtained by Dama strategists during meetings with senior White House and FCC officials in Washington and are still in the policy discussion stage. It is not an official FCC regulation, and its actual impact is open to discussion. Currently, global AI investment is still growing rapidly. It is almost impossible for the AI industry chain to completely “leave domestic supply” in the short term, and it also faces extremely high replacement costs in the medium to long term. According to the minutes of the Sino-Innox Investor Exchange, large-scale release of 3.2T optical modules is expected to be around 2028-2029, and mainstream shipments in the short-term industry are still 800G and 1.6T products. Currently, the optical chip industry is extremely scarce. In the short term, the domestic optical chip industry will maintain a rapid growth trend. Regarding the sharp drop in stock prices, Yuanjie Technology said that recently, the stock price fluctuations of optical chip companies were affected by the Morgan Stanley Report. The overall decline in the industry is not an example of a company; the company did not comment on the report. From a company perspective, production and operation are currently normal, and various businesses are being carried out normally. Shijia Photonics, on the other hand, said that the company has not received any news related to the price reduction of optical chips, and the current decline in the sector may have been affected by reports released by Morgan Stanley.