Xin Lang Cai Jing·2025-11-26 03:01Group 1 - Google has launched Gemini 3, utilizing its self-developed TPU cluster as a computing engine, which includes an OCS optical switching network, validating the feasibility of its full-stack technology route [1] - Meta is negotiating with Google to use TPU chips worth billions of dollars in its data centers by 2027 and plans to rent chips from Google Cloud next year, potentially generating billions in new revenue for Google [1] - The large-scale deployment of OCS indicates that it has moved from the proof-of-concept stage to large-scale application, with a complete OCS industrial chain rapidly forming, becoming a core technology for the next generation of AI computing facilities [1] Group 2 - The year 2026 is expected to be a critical point for the explosive growth of silicon photonics solutions and the introduction of CPO networks, with the optical communication industry expanding from optical modules to chips, cables, OCS, and CPO across upstream and downstream segments [1] - The ChiNext 50 Index (399673) has seen a strong increase of 1.94%, with constituent stocks such as Zhongji Xuchuang (300308) rising by 9.67%, Changying Precision (300115) by 7.69%, and Xinyi Sheng (300502) by 7.51% [1] - As of October 31, 2025, the top ten weighted stocks in the ChiNext 50 Index include Ningde Times (300750), Zhongji Xuchuang (300308), and Dongfang Wealth (300059), collectively accounting for 70.15% of the index [2]