AI suppliers just surged. Now a proposed U.S. ban on Chinese optical modules adds a policy shock to the $1 trillion trade.
CoreWeave, AAOI, AXT and Nebius rose 11%–19%, but Goldman said the buying was driven almost entirely by short covering. Reuters now reports that Washington is drafting a ban on new Chinese optical transceivers for data centers, putting Innolight under pressure and forcing a rethink of U.S. suppliers and cloud costs.
As of 6:04 PM Beijing time, AXTI was up 6.74% pre-market and AAOI 5.16%. Tonight brings AMD and SpaceX earnings; SNDK, WDC and AAOI follow this week, alongside U.S. payrolls and China CPI.
Related stocks: $Coreweave(CRWV.US)$Applied Optoelectronics(AAOI.US)$AXT(AXTI.US)$Nebius(NBIS.US)$Coherent Corp.(COHR.US)$Lumentum(LITE.US)$Amazon(AMZN.US)$Micron Tech(MU.US)$Microsoft(MSFT.US)$Sandisk(SNDK.US)$Western Digital(WDC.US)$AMD(AMD.US)
Long Image
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.
