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Hello everyone, today XM Forex will bring you "光大证券:AI通胀催生新周期 光纤&覆铜板涨价驱动业内公司业绩延伸" Hope this helps you! The original content is as follows:
Today, Bitcoin reached a monthly high, surpassing $81,700, before retracing slightly. Ethereum reach
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光纤光缆价格自2026年初开始持续大幅上涨,证券运营商集采光缆成交价持续走高
根据“光纤在线”信息,通胀截至3月4日,催生xm外汇合作伙伴登录各型号光纤价格超期望,新周纤G.652.D单模光纤价格由元旦前的期光18元/芯公里上涨至85-120/芯公里;G.657.A2价格由元旦前的35元/芯公里上涨至210-230/芯公里。由于光纤光缆价格持续上涨,覆铜光纤光缆供应商在面对最高限价与领域报价倒挂的板涨运营商集采任务时,竞标意愿不足,价驱绩延致使多个任务流标。动业从集采胜利的司业伸案例来看,当前光纤光缆集采领域成交价格呈现快速上涨态势: 26年3月重庆电信2026年引入光缆应急采购任务中媒形引入光缆-GJYXFCH-单模G.657A21B6a2)-1芯"光缆成缆单价(不含税)的证券最高响应限价历经两次加价,大幅深化至350元/皮长公里,通胀最终采购胜利。催生xm外汇合作伙伴登录中标价分别为268元/皮长公里(第一成交候选人中亚通信,新周纤份额60%)、期光323元/皮长公里(第二成交候选人亨通光电,份额40%)。
光纤光缆涨价系“AI扩展要求”+“原料光棒紧缺”+“光纤无人机要求”的三重叠加效应
1)AI信息中心高速传输要求鼓励高端光纤要求延伸。2)光纤预制棒供需紧张,扩产周期长:当前中国光纤龙头企业预制棒生产线均满负荷运转,叠加光纤预制棒生产具有高投入、技术壁垒高、审批流程长等特点,扩产周期较长(一般为1.5年-2年),因此我们认为光纤价格短期内将维持高位。3)无人机亦贡献部分要求:相较传统射频无人机,光纤无人机具备抗干扰通信、高带宽与低延迟、高支撑性及扩展续航等优点,单架配备10-40km抗弯曲光纤(G.657.A2),光纤无人机对光纤要求进一步抬升光纤价格。
海外光纤光缆产业链公司主动答复AI信息中心带来的领域增量,股价进入上升通道
年初至今(截至3月11日),康宁、古河电气工业、住友电气工业、藤仓股价涨幅分别为50.8%、197.2%、69.4%、47.1%。各公司近期的订单、扩产也向领域传达主动的信号:1)2026年1月27日,康宁与Meta达成一项意义高达60亿美元的光纤供货合同,用于支持Meta的信息中心扩展安排,为此康宁将对其位于希科里的光缆制造工厂进行重大产能扩张。此外,康宁的CEO在CNBC的采访中透露,仅Meta在路易斯安那州的Hyperion信息中心就需要800万英里的光纤;2)住友电工社长新年致辞中明晰提到了公司将补充面向信息中心激增要求的光纤、光器件的生产规模这一方针宗旨;3)北美头部电信运营商AT&T和Verizon均主动布局人工智能时代的全新光纤网络。AT&T于3月10日声明五年期投资安排,将在美国投资超2500亿美元用于补充高速光纤和无线网络覆盖范围。
危险提示:美联储政策超期望鹰派、AI技术迭代不及期望、光纤光缆要求不及期望、覆铜板要求不及期望、领域情绪显著回落、公司业绩兑现进度不及期望。
(文章来源:光大证券)
Gold (XAU/USD) is trading around the psychological level of $4700, attempting to
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