Likes Received
Rate Of ReturnAI 算力中心的 “光” 之战：深度解析 XPO MSA 联盟二十强
Under the guidance of @京城Z先生, I used Gemini to organize the text and images for everyone's convenience.
The partner list of the XPO MSA (eXtra-dense Pluggable Optics Multi-Source Agreement) alliance.
This alliance primarily focuses on high-density, low-power optical interconnect technology for next-generation AI computing centers.
Companies that are subsidiaries and their parent companies (the part you need to focus on)
Several companies in the diagram are subsidiaries/affiliated brands of other large groups or listed companies:
• FIT (Foxconn Interconnect Technology)
• Status: Listed on the Hong Kong Stock Exchange, code $FIT HON TENG(6088.HK).
• Parent company: Hon Hai Precision Industry (Foxconn), stock code 2317.TW.
• Genuine optics
• Status: This is the overseas brand/North American affiliate of HGTECH (corresponding to Huagong Zhengyuan in China).
• Parent company: HGTECH, stock code $HGTECH(000988.CN) (A-share).
• LIGENT (Ligent Photonics)
• Status: Not independently listed.
• Parent company: Hisense Broadband. In 2007, Hisense Broadband acquired this US silicon photonics company, backed by the Hisense Group.
• molex
• Status: A globally renowned connector giant, not listed.
• Parent company: Koch Industries, one of the largest privately held companies in the US.
• SOURCE (Source Photonics)
• Status: A veteran optical module company.
• Parent company: A-share listed company Wantong Development. Wantong Development acquired a controlling stake in Source Photonics between 2024 and 2025, stock code $Vantone NeoDev Group(600246.CN).
Independently listed companies
These are companies in the optical communication or chip field that are already independently listed:
• Accelink: $Accelink(002281.CN) (A-share)
• Adtran: ADTN (Nasdaq)
• Amphenol: APH (NYSE) - Global connector giant
• ciena: CIEN (NYSE)
• COHERENT: COHR (NYSE) - Optical materials and components giant
• eoptolink: $Eoptolink(300502.CN) (A-share) - Well-known high-speed optical module leader
• Linktel: $LINKTEL TECHNOLOGIES(301205.CN) (A-share)
• LUMENTUM: LITE (Nasdaq)
• MARVELL: MRVL (Nasdaq) - Core optical communication DSP chip giant
Unlisted / Startup / Privatized companies
• APERION Technologies: Unlisted startup.
• AttoTude: Unlisted high-speed interconnect technology startup.
• LIGHTMATTER: Unlisted. This is a highly notable photonic computing and optical interconnect AI unicorn with an extremely high valuation.
• LYNTERA: Unlisted startup.
• O-Net: Previously listed on the Hong Kong Stock Exchange but privatized and delisted in 2020, currently unlisted.
• TERAHOP: Unlisted startup.
💡 The XPO MSA alliance represents the evolutionary direction of liquid cooling and ultra-high-density optical interconnects for future AI computing centers (GW level). Those who can sit at this table are players trying to get a piece of the pie in the next generation of NVIDIA, Google, and Microsoft's AI clusters.
$Marvell Tech(MRVL.US) $Amphenol(APH.US) $Coherent Corp.(COHR.US) $Eoptolink(300502.SZ)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
