Core Insights - The ITER project has successfully completed the manufacturing tasks for all correction field coils, marking a significant milestone in the development of controlled nuclear fusion technology, which is expected to become a key energy source for high-energy consumption scenarios like AI computing centers [1] - The establishment of China Fusion Energy Co. with a strategic financing of 11.5 billion yuan reflects the strong investment interest in nuclear fusion, indicating a shift from research to engineering and commercialization [3][4] - The global commercial fusion industry has attracted $9.7 billion in investments as of July 2025, representing a 414% increase compared to 2021, with projections suggesting the market could reach $496.55 billion by 2030 [4] Investment and Market Dynamics - The rapid growth in investment in nuclear fusion technology is driven by increasing confidence in its commercialization, with significant funding rounds completed by various private companies in the sector [4][5] - The dual-track industrial structure is emerging, where state-led large Tokamak devices complement the efforts of private startups focusing on compact fusion devices, creating a synergistic development environment [5][6] - The demand for high-temperature superconducting materials is surging, driven by the compact fusion device development trend, presenting a significant market opportunity [4] Industry Structure and Future Outlook - The nuclear fusion sector is transitioning from a research phase to an industrialization phase, with various regions in China, such as Anhui, Sichuan, and Guangdong, incorporating fusion energy into their future industrial plans [8][9] - The establishment of a comprehensive industrial ecosystem is crucial, with recommendations for enhancing integration across research, design, construction, and operation to improve efficiency and responsiveness [9] - The next decade is viewed as a critical window for the nuclear fusion industry, with expectations for technology convergence, supply chain maturity, and enhanced engineering capabilities [9]