Optical module and CPO stocks continued their strong rally in early trading on June 3rd.
Suzhou Tfc Optical Communication Co.,Ltd. (SZSE: 300394)
Its share price surged over 10%, hitting a new record high.
Zhongji Innolight Co.,Ltd. (SZSE: 300308)
The stock rose over 5%, also reaching a new all-time high.
Eoptolink Technology Inc.,Ltd. (SZSE: 300502)
Shares jumped more than 3%, setting a fresh peak as well.
Among related exchange-traded funds, the ChiNext Artificial Intelligence ETF (159363), which has over 50% exposure to the optical module and CPO sector and high concentration in these top performers, saw its price gap up over 2%, decisively breaking through previous resistance levels.
Catalyst for the Rally
The surge was fueled by public comments from Nvidia CEO Jensen Huang, who strongly endorsed partner Marvell Technology, suggesting it could become the "next trillion-dollar company." Marvell's stock closed up 32% in the US market.
Public information shows Marvell Technology, as an upstream chip supplier, provides the core DSP chips required for optical modules to leading global manufacturers Zhongji Innolight and Eoptolink.
Analyst Perspective
Analysts indicate that the long-term growth logic for the computing power sector remains intact. As we move into June, demand expectations for optical modules through 2027 are becoming clearer. Furthermore, the supply constraints for key upstream components that previously hampered deliveries are gradually approaching an inflection point towards improvement. This is expected to accelerate the release of production capacity and earnings potential for leading optical module manufacturers.
Investment Product Focus
For investors seeking exposure to both optical modules and AI application opportunities, the ChiNext Artificial Intelligence ETF (159363) and its corresponding feeder funds (Class A: 023407, Class C: 023408) are highlighted. The underlying index tracked by this ETF maintains over 50% exposure to optical modules, has significant weight in the leading stocks, and allocates approximately 30% to AI application companies, positioning it as a core holding for both computing power and AI applications.
Key Fund Metrics
As of May 29, 2026, the ChiNext Artificial Intelligence ETF (159363) had reached a size of 74.26 billion yuan, ranking first in size within the dual-innovation (ChiNext and STAR Market) AI thematic fund segment. Its average daily turnover over the past six months exceeded 800 million yuan, also leading the AI fund category in trading activity.
Investors should be aware that fund fees apply. For the ETF, brokerage firms may charge a commission of up to 0.5% for subscriptions or redemptions. Trading fees for secondary market transactions are subject to the rates set by securities firms, with no sales service fee charged.
For the feeder funds: Class C shares (023408) do not charge a subscription fee. A redemption fee of 1.5% applies for holdings under 7 days, and 0% for 7 days or more. A 0.3% annual sales service fee is charged. For Class A shares (023407), subscription fees are 1% for amounts below 1 million yuan, 0.6% for 1-2 million yuan, and a flat 1,000 yuan per transaction for 2 million yuan or above. The same redemption fee schedule as Class C applies, but no sales service fee is charged.
Risk Considerations
The ChiNext Artificial Intelligence ETF passively tracks the ChiNext Artificial Intelligence Index. The index has a base date of December 28, 2018, and was officially launched on July 11, 2024. Its historical annual returns from 2021 to 2025 were 17.57%, -34.52%, 47.83%, 38.44%, and 106.35%, respectively. The composition of the index is adjusted according to its rules, and its past performance does not guarantee future results. References to individual stocks are for illustrative purposes only and do not constitute investment advice or indicate the holdings or trading intentions of the fund manager.
The fund manager assesses this fund's risk level as R4 (Medium-High Risk), suitable for Aggressive (C4) or higher risk-tolerance investors. The final suitability assessment is determined by the selling institution. All information presented is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and forecasts herein do not constitute investment advice of any kind, and no liability is accepted for any direct or indirect losses resulting from the use of this content. Fund investment carries risks. Past performance of a fund does not predict its future returns, and the performance of other funds managed by the same manager does not guarantee this fund's performance. Investors should exercise caution.
Comments