智通财经网·2026-03-09 00:32Core Insights - The report from CITIC Securities indicates that Micro LED CPO is expected to become an important solution for mid-distance optical interconnects due to its advantages in power consumption, speed, and stability as AI computing power facilities continue to scale and mature [1] Industry Changes - There is a rapidly increasing demand for reduced power consumption, with the industry focusing on the Micro LED CPO solution route. Since 2026, energy supply and consumption optimization have become critical development topics for computing infrastructure. According to TrendForce, the Micro LED CPO solution has a significantly lower unit transmission energy consumption, potentially reducing overall energy consumption to 5% of that of copper cable solutions, making it a promising alternative [2] Industry Trends - Micro LED CPO, based on CPO co-packaging technology, represents the next generation of silicon photonic CPO solutions. It utilizes self-emitting Micro LED chips that can achieve higher interconnect speeds, integration, stability, and lower power consumption (over 50% reduction compared to silicon photonic CPO). This aligns well with the mid-distance interconnect needs of future AI supercomputing clusters, and its adoption is expected to accelerate as the industry matures [3] Industry Progress - CITIC Securities predicts that the Micro LED CPO solution may gradually enter the implementation phase after 2027. Currently, Micro LED CPO is still in the early stages of research and development, facing key bottlenecks in the performance of Micro LED light chips (switching frequency, lifespan, latency), optical coupling, and precision. Upgrades to substrate materials are also necessary, requiring collaboration across the supply chain. Some leading domestic manufacturers have begun collaborative research and sample delivery with downstream customers, indicating progress towards maturity [4]