Market Performance - The computing power sector is performing strongly, with components like CPO and optical fibers showing significant strength, and the communication ETF rising over 4% during the trading session [1] Factors Driving the Increase - Investment in computing power is becoming clearer, with OpenAI projecting that operational expenditures (Opex) on computing power will reach $600 billion by 2030, indicating strong confidence in computing infrastructure despite competitive pressures [2] - NVIDIA is set to release its Q4 FY2026 earnings report on February 25, with Wall Street generally optimistic about the results, particularly regarding guidance for Q1 FY2027, Rubin production pace, CPO outlook, and comments on the Chinese market [2] - Google has recently updated its Gemini 3.1 Pro, significantly enhancing its reasoning capabilities, especially for complex logical problems, and has regained its position as the top global model, indicating rapid advancements in AI model intelligence and application scenarios [2] Future Outlook - Capital expenditures by the four major cloud providers in North America are expected to exceed $640 billion by 2026, marking an unprecedented scale of investment in human history, with AI reshaping productivity across various industries [3] - The rapid development of downstream applications is likely to drive high demand for upstream AI infrastructure, with the communication ETF (515880) representing a core value for long-term investment [3] - Concerns regarding CPO potentially replacing pluggable optical modules are deemed excessive, as current applications show that CPO is primarily being adopted by smaller manufacturers, while pluggable optical modules are expected to dominate in scale-out scenarios [3]