剑桥科技已通过香港交易所主板上市聆讯，国泰君安国际为其独家保荐人。 （文章来源：证券时报网） 截至2024年，剑桥科技在全球综合光学与无线连接设备（OWCD）行业中以销售收入计排名第五，市 场份额为4.1%。 公司主要从事设计、开发及销售连接及数据传输设备，产品覆盖宽带、无线及光模块技术。 剑桥科技是全球首批部署800G及1.6T光模块产品的公司之一，并在硅光光模块、线性可插拔光学器件 （LPO）、浸入式液冷光电子器件和共封装光学（CPO）技术方面进行研发和推进。 ...

Investment Rating - Industry investment rating: Positive (maintained) [1] Core Insights - The demand for AI computing power is driving the growth of the optical communication industry, with significant advancements in silicon photonics technology, which is becoming the mainstream solution for 1.6T high-speed optical modules [4] - The partnership between OpenAI and NVIDIA aims to deploy at least 10GW of AI data centers, which is expected to double NVIDIA's GPU shipments in 2025, indicating a strong market demand for AI infrastructure [3][4] - The introduction of NVIDIA's Rubin CPX GPU is anticipated to enhance AI application inference and increase demand for liquid cooling solutions, thereby benefiting the liquid cooling sector [5][6] Summary by Sections Industry Overview - The optical communication network is undergoing continuous upgrades, with a focus on new technologies such as OCS, hollow-core fibers, thin-film lithium niobate, and CPO, which are gaining attention and maturity [4] Market Opportunities - The competitive advantages of leading companies in the optical module sector are expected to strengthen, with rising demand for CW lasers and certain passive components [4] - The launch of the Rubin CPX GPU is projected to create additional liquid cooling demand, as it significantly increases processing capabilities and total power consumption [5][6] Recommended Stocks - Strong recommendations for leading companies in the optical module and liquid cooling sectors include: Zhongji Xuchuang, Xinyi Sheng, Yingweike, Tianfu Communication, and Yuanjie Technology [6]