Chinese optical communication stocks rise sharply amid the AI boom. Connectivity has become the latest frontier amid the AI infrastructure buildout and fiber optics are replacing copper for long-distance and rack-to-rack interconnects in AI data centers. Investor sentiment is also boosted by the Computex event in Taiwan, with a flurry of AI-related announcements. Zhongji Innolight and Eoptolink Technology are up 6.1% and 9.35%, respectively. They make high-speed optical modules that convert electrical signals into light. The two ChiNext heavyweights lead the Nasdaq-like index, which is up 2.15%. Yuanjie Semiconductor, which makes laser and photonic chips used to transmit data as light, rises 14% in Shanghai. (sherry.qin@wsj.com)
Chinese Optical Communication Stocks Rise Amid AI Boom — Market Talk
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