中国通信-行业上涨速评：谷歌 TPU 优势支撑更明确的前景与确定性-China Networking-Quick Thoughts On Sector Rally; Better Visibility and Certainty Backed By GoogleTPU Strength

Flash | 26 Nov 2025 02:24:58 ET │ 11 pages China Networking Quick Thoughts On Sector Rally; Better Visibility and Certainty Backed By Google/TPU Strength CITI'S TAKE Chinese optical transceiver names rallied ~5%-13% today, which we believe was driven by a more positive outlook for transceivers ahead, given the strong capabilities of Gemini 3.0 and its AI infrastructure, which enhances the outlook of TPUs and its supply chain. Going forward, we see more upside risk to industry demand for the next 2 years, wh ...