--- title: "AI 算力中心的 “光” 之战：深度解析 XPO MSA 联盟二十强" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39353613.md" description: "在@京城Z先生 的方向指点下，接触 Gemini 梳理了文字和图片，方便大家查看。在 AI 浪潮的推动下，数据中心正以前所未有的速度扩张。为了支撑庞大的算力集群（尤其是面向 GW 级别的液冷和极高密度场景），对高速、低功耗光互连技术的需求已迫在眉睫。XPO MSA (eXtra-dense Pluggable Optics Multi-Source Agreement..." datetime: "2026-03-19T00:53:44.000Z" locales: - [en](https://longbridge.com/en/topics/39353613.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39353613.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39353613.md) author: "[康康先森](https://longbridge.com/en/profiles/17459199.md)" --- # AI 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) ### Related Stocks - [300502.CN](https://longbridge.com/en/quote/300502.CN.md) - [LITE.US](https://longbridge.com/en/quote/LITE.US.md) - [APH.US](https://longbridge.com/en/quote/APH.US.md) - [00921.HK](https://longbridge.com/en/quote/00921.HK.md) - [000921.CN](https://longbridge.com/en/quote/000921.CN.md) - [06088.HK](https://longbridge.com/en/quote/06088.HK.md) - [HNHPF.US](https://longbridge.com/en/quote/HNHPF.US.md) - [COHR.US](https://longbridge.com/en/quote/COHR.US.md) - [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md) - [002281.CN](https://longbridge.com/en/quote/002281.CN.md) - [601138.CN](https://longbridge.com/en/quote/601138.CN.md) - [ADTN.US](https://longbridge.com/en/quote/ADTN.US.md) - [301205.CN](https://longbridge.com/en/quote/301205.CN.md) - [000988.CN](https://longbridge.com/en/quote/000988.CN.md) - [600246.CN](https://longbridge.com/en/quote/600246.CN.md) ## Comments (13) - **大涨耐心拿着不要盯盘 · 2026-04-17T13:30:42.000Z**: Mr. Kangkang, have you bought it yet? - **TheLastWhisper · 2026-03-19T04:45:01.000Z · 👍 1**: I just read Z's article a couple of days ago and was thinking about doing some research. This article is just right. - **Kevin127 · 2026-03-19T04:34:31.000Z**: Pure nonsense. Source Photonics' parent company is Dongshan Precision, and Wantong Development withdrew long ago. - **康康先森** (2026-03-19T16:18:20.000Z): Thanks for the correction. I checked and indeed it's true. Wantong Development announced the termination of its acquisition of Source Photonics in early 2025. Later in mid-2025, Dongshan Precision mad - **双双2026 · 2026-03-19T04:14:30.000Z · 👍 2**: Yesterday I used my phone and Doubao to organize things, but Doubao couldn't format it into a table, which was inconvenient, so I didn't continue. - **康康先森** (2026-03-19T16:16:12.000Z): Doubao needs to use the seedance2.0 model. - **双双2026** (2026-03-19T20:55:33.000Z): I used Kimi and DeepSeek, and none of the three could turn the table into a chart. I'm still thinking they're too stupid. - **康康先森** (2026-03-20T01:35:02.000Z): Each has its own strengths - **Dr.zong · 2026-03-19T03:31:52.000Z · 👍 2**: Let's wait and see, if I only buy one, is mRvl the best choice? - **Gong Hei Fat Choy · 2026-03-19T02:50:51.000Z**: Which one has more investment value, big shots? - **Bale · 2026-03-19T02:08:46.000Z**: Excellent, learned something new - **京城Z先生 · 2026-03-19T01:08:43.000Z · 👍 1**: Excellent, but there's a small mistake, terahop belongs to $Zhongji Innolight(300308.SZ) - **康康先森** (2026-03-19T01:09:39.000Z): Received, thanks for pointing it out, will modify it right away.