· 供应链分析
涉及标的： $AAOI$AMZN$LITE$MSFT$NVDA
是的，$LITE 的表现令人惊叹，看到它出现在每一款 ASIC 以及 $NVDA Blackwell 部署中后更是如此。 然后，当你进行物料清单(BOM)分析并建模 TPU/GPU 部署时，它即使在历史高点(ATH)看起来也被低估了。 接着是 $AAOI，它与 LITE 类似，但更侧重于 AMZN | MSFT 的 ASIC。它是美国少数几家磷化铟(InP)晶圆厂之一，其扩张规模将取决于 Trainium 和 Maia 的表现。它的市值也只有 25 亿美元。 光子学/存储领域在 2026 年将会极其疯狂。
Yeah $LITE is incredible after seeing how it's in every single ASIC + $NVDA blackwell deployments. Then once you do BOM analysis and model TPU/GPU deployments, it looks undervalued even at ATHs. Then there's $AAOI, which is similar to LITE but levered toward AMZN | MSFT ASICs. It's one of the only InP Fabs in US and will scale up depending on how Trainium and Maia do. It's a $2.5B MC too. Photonics/Memory is going to be extremely crazy in 2026.