optic

According to Gate market data, U.S. pre-market S&P 500 mini index futures fell 0.3%, Nasdaq 100 index futures fell 1.1%, and Dow Jones index futures rose 0.3%. The "Seven Sisters" concept stocks and the optical communication sector saw widespread declines, while the biotechnology sector saw widespread gains.NVIDIA fell 1.54%, Apple rose 0.76%, Microsoft fell 0.46%, Google fell 1.58%, Amazon fell 1.47%, Meta fell 1.47%, and Tesla fell 1.40%.Lumentum fell 3.50%, Corning fell 3.28%, Coherent fell 3.34%, Applied Optoelectronics fell 3.15%, Ciena fell 3.14%, Broadcom fell 1.77%, and Marvell Technology fell 2.80%; Eli Lilly rose 1.25%, Johnson & Johnson rose 1.76%, Moderna fell 1.67%, Novo Nordisk rose 1.20%, AbbVie rose 1.00%, and Merck rose 1.23%.

According to Gate market data, the decline in the U.S. stock market's storage and optical communication sectors has narrowed.In the storage sector, Micron Technology (MU) fell by 2.88%, Western Digital (WDC) fell by 2.11%, SanDisk (SNDK) fell by 5.68%, Seagate Technology (STX) fell by 3.62%, and SK Hynix (SKHY) fell by 3.67%.In the optical communication concept stocks, Applied Optoelectronics (AAOI) fell by 6.47%, Coherent (COHR) fell by 7.14%, Credo (CRDO) fell by 5.69%, Lumentum (LITE) fell by 1.57%, and Nokia (NOK) fell by 2.99%.

NVIDIA and Cisco have launched a new pluggable optical module specification aimed at supporting the expansion of AI factories.

According to Gate market data, U.S. stocks in the semiconductor, storage, and optical communication sectors rose broadly before the market opened on Monday.In the semiconductor sector, Lam Research (LRCX) rose 0.21%, Applied Materials (AMAT) rose 0.21%, Arm (ARM) rose 0.7%; in the storage sector, Micron Technology (MU) rose 0.03%, Western Digital (WDC) rose 1.62%, SanDisk (SNDK) rose 0.87%, Seagate Technology (STX) rose 1.56%.In the optical communication concept stocks, Applied Optoelectronics (AAOI) rose 1.45%, Coherent (COHR) rose 0.88%, Credo (CRDO) rose 1.44%, Lumentum (LITE) rose 0.88%, Nokia (NOK) rose 0.19%, Astera (ALAB) rose 1.88%.

Volantis, a photonic interconnect chip company, announced on X that it has completed a $88 million Series A financing round. The company stated that it is addressing AI memory bottlenecks with optical solutions, configuring large amounts of high-speed memory for chips, and increasing single-chip memory bandwidth and capacity by several orders of magnitude to support high-speed inference for models with over 10 trillion parameters, with single-user speeds reaching up to 10,000 tokens per second.Volantis claims that this solution will initially be used to accelerate agents, reducing programming tasks from hours to minutes or seconds. The company also stated that the optical solution can enhance memory systems by several orders of magnitude generationally, rather than the typical doubling every year. Its team has been involved in the first CoWoS product, early HBM, the first silicon photonic CPO system, the first mass-produced tunable VCSELs, and the first processors with optical direct communication; it has now achieved transmission distances in chip packaging that exceed 10 times that of equivalent tiny conductive wires, with next-generation products already taped out, aiming to set records for bandwidth density at relevant distances.

The global fiber optic network project DoubleZero announced the launch of a dedicated market data source for the decentralized derivatives exchange Hyperliquid, allowing professional trading institutions to access its complete order book via fiber optics instead of public APIs. This data source covers the native perpetual contract market of Hyperliquid, as well as the markets operated by trade[XYZ] that run on its infrastructure, which offers perpetual contracts linked to assets such as crude oil, gold, and silver. This data source was co-developed by DoubleZero, validator node operators, and ecosystem partners Hyperion DeFi, MAVAN, and Kinetiq.DoubleZero stated that this service provides continuous and orderly market data streams for market makers, quantitative trading institutions, and proprietary trading firms, meeting their demand for faster and more stable order book updates. Previously, institutions wishing to obtain a complete view of Hyperliquid's order book had to integrate the data returned by public APIs themselves or run their own Hyperliquid nodes. DoubleZero noted that adjustments to Hyperliquid's public API have reduced the frequency and depth of available updates.Hyperliquid is the third trading venue to access the DoubleZero Edge market data service, following Solana and the prediction market Kalshi.

On September 17, WEEX TradFi market data showed that the Federal Reserve raised interest rates by 25 basis points, and the three major U.S. stock indices closed lower. After the interest rate hike expectations were realized, funds flowed back into the AI chip and optical communication sectors, with mixed performance in the storage sector. Specifically, chip stocks generally rose, with INTC up 4.03%, AMD up 1.65%, and NVDA up 0.82%; optical modules generally rose, with LITE up 9.59%, COHR up 6.92%, MRVL up 3.61%, and NOK up 3.05%; the storage sector showed divergence, with STX up 1.47%, WDC up 1.22%, MU down 0.11%, and SNDK down 0.71%.WEEX Labs believes that while the index is under pressure, the optical communication and some chip sectors are recovering in parallel, indicating that after the interest rate hike, funds are more willing to trade the oversold AI hardware sector, and the structural divergence is more noteworthy than the index direction. Today's focus is on the interest rate path pricing after the dot plot and whether the transaction in optical modules can turn the rebound into a trend.

According to the Science and Technology Innovation Board Daily, at the Pujiang Innovation Forum results release conference focused on the integration of science and industry, Jin Xianmin, the founder of Turing Quantum, officially launched the TuringQ Gen3 large-scale chip-level scalable optical quantum computer, which is the world's first cabinet-level chip-scale scalable optical quantum computer.The TuringQ Gen3 is equipped with a high-speed programmable thin-film lithium niobate optical quantum chip, integrating core modules such as quantum light sources, programmable optical quantum processing chips, single-photon detection, and quantum-classical heterogeneous computing. It supports single-chip calculations with tens of thousands of photons and millions of modes, achieving chip-level quantum superiority verification, and will explore directions in AI such as world models. Recently, Turing Quantum has obtained registration for listing guidance and plans to IPO on the A-share market, with Guotai Junan as the guiding institution.

Goldman Sachs significantly raised its industry forecast in the latest global optical module report, expecting the global optical module market size to reach approximately $67.7 billion, $131.4 billion, and $148.5 billion in 2026, 2027, and 2028 respectively, an increase of 33%, 81%, and 115% compared to previous forecasts.Goldman Sachs believes that this round of upward revision is not solely due to the increase in the number of AI servers; more importantly, the architecture of AI servers is continuously migrating towards high-speed networks, coupled with the increase in the number of optical modules required for a single GPU or ASIC chip, driving rapid growth in demand for 800G, 1.6T, and even 3.2T.

Goldman Sachs' Global Technology Equity Research Team released a report on April 17, 2026, stating that networks unlock the computing power of a single AI chip by connecting multiple chips, enabling seamless data exchange and low latency. With the expansion of AI infrastructure and the enhancement of computing power, various configurations are expected to see growth, further opening up a 9-fold Total Addressable Market (TAM) space to $154 billion.The report pointed out that the dollar content of horizontal and vertical scaling increases by 16 times and 45 times, respectively; the TAM for optics expands 13 times from horizontal to vertical scaling; the market value of pluggable optical modules in horizontal scaling expands 10 times from AI server models in the second half of 2025 to models in the second half of 2027. The authors include Allen Chang, Verena Jeng, James Schneider, Mark Delaney, among others.The total dollar content for each computing unit in vertical and horizontal scaling is expected to increase from $315,000 for GB300 NVL72 to $9.4 billion for Rubin Ultra NVL576, a 29-fold increase. The total value TAM increases 9 times to $154 billion (mainly in 2028), of which 69% ($106 billion) comes from vertical scaling. The analysis covers the dollar content and market opportunities of configurations such as copper cables, pluggable optical modules, CPO, and PCB backplanes.

According to Reuters, AI data center optical interconnect company iPronics announced the completion of a $125 million Series B financing round, co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund. The company's total financing has now reached $177 million.iPronics primarily provides rack-mounted optical switching equipment for AI infrastructure, allowing AI clusters to dynamically adjust network connections in real-time for training and inference workloads through a programmable optical layer. The new funds will be used to expand operational scale and accelerate commercial deployment.

According to Gate market data, after-hours trading on Wednesday for U.S. stocks saw Nvidia's new quarterly results continue to exceed market expectations, with a forecast of approximately 70% sales growth for the next fiscal year, driving AI concept stocks higher in after-hours trading.The storage sector collectively strengthened, with SK Hynix rising 4.48%, SanDisk up 3.71%, Micron Technology up 3.67%, Seagate Technology up 3.15%, and Western Digital up 3.11%. The Neocloud sector saw widespread gains, with Nebius up 6.27%, CoreWeave up 4.76%, Applied Digital up 3.26%, and both IREN and Core Scientific up 3.16%.Optical communication stocks rose across the board, with Applied Optoelectronics up 4.25%, Marvell Technology up 4.08%, Credo up 3.78%, Coherent up 3.35%, and Astera Labs up 3.34%. Semiconductor stocks also strengthened, with Arm up 4.18%, Marvell Technology and Nvidia both up 4.08%, Lam Research up 2.65%, and KLA up 2.42%.

According to Decrypt, the prediction market platform Kalshi announced a partnership with DoubleZero to provide real-time market data subscription services to trading institutions through DoubleZero Edge.The initial data covers Kalshi sports event contracts and cryptocurrency perpetual futures, including Level 1 (best quotes and transaction records) and Level 2 (multiple buy and sell orders) data, which can be directly used for pricing, hedging, and automated trading strategies. DoubleZero uses a multicast system to synchronize and push machine-readable data to all connected parties, significantly lowering the access threshold.

According to Counterpoint Research analysis, if the proposed import ban on Chinese optical modules by the Federal Communications Commission (FCC) in the United States is implemented, it will primarily impact American cloud providers rather than Chinese suppliers. InnoLight leads the global data center optical module revenue with approximately 27% market share, while Coherent ranks second with about 17%. Chinese manufacturers collectively account for about two-thirds of the global unit supply and approximately 60% of the optical communication module revenue.The analysis points out that Western suppliers like Coherent and Lumentum lack sufficient cleanroom capacity, automated packaging infrastructure, and yield scale in the short term, making it impossible to fill the capacity gap left by Chinese manufacturers within 12-24 months. This could lead to delays in AI cluster deployments by several quarters and increase material costs for cloud providers. At the same time, Chinese module manufacturers rely on high-end 800G/1.6T module revenue from North American hyperscale customers for over 90%, but have achieved partial capacity relocation by establishing factories in Thailand.Counterpoint emphasizes that the optical module supply chain is a highly interdependent system. Chinese manufacturers heavily procure DSP chips from Broadcom and Marvell, as well as lasers and optical chips from Lumentum, Coherent, and Mitsubishi Electric. A forced separation would disrupt the entire ecosystem.

According to Reuters, citing four informed sources, the Trump administration is drafting a ban on the import of new models of optical modules for data centers from China. The Federal Communications Commission (FCC) is formulating this measure to prohibit the import of new models of optical modules that can transmit data through fiber optic cables within data centers, with officials hoping to release and implement it within this year. The ban aims to prevent Chinese companies from stealing data, implanting malware, or disrupting services at U.S. data centers.The ban may primarily affect Inspur (leading with a 27% share of the global data center optical module market), which was listed in June of this year on the Pentagon's list of companies involved in military activities. U.S. cloud providers (such as AWS) may be forced to turn to alternative suppliers like Coherent and Lumentum, raising costs. The FCC has previously imposed similar restrictions on Chinese drones, routers, robots, and inverters. The Chinese embassy in the U.S. stated that "it will take all necessary measures to respond to any actions that harm China's interests." The draft may still be modified or shelved.

Gilad Shainer, Senior Vice President of NVIDIA, announced at a recent technology forum that CPO has entered the mass production stage. The switches co-developed with the supply chain have begun delivery to closely collaborating customers and are being deployed in-house. It is expected that starting this year, switches equipped with CPO technology will be widely adopted in AI factories around the world.Shainer pointed out that the biggest opportunity in the future optical communication market lies in vertical scaling, which will require bandwidth efficiency more than ten times that of horizontal scaling. Previously, Shainer was responsible for R&D at Mellanox, and after the company was acquired by NVIDIA, he led the AI platform network transmission department and co-developed the COUPE silicon photonics packaging platform with TSMC. This announcement helps to dispel market concerns about the upgrade of optical communication specifications and boosts the operational outlook for related manufacturers.It is reported that NVIDIA has already implemented CPO on Spectrum-X, aiming to align with the upcoming large-scale deployment of the Vera Rubin AI platform (which has a computing speed at least three times faster than GB300). Trendforce estimates that the CPO/NPO market size will exceed $39 billion by 2030, with significant acceleration in growth momentum from 2028 to 2029 as optical interconnects are introduced with Scale-up.