Stock Track | CIG Soars 8.51% Intraday on Strong High-Speed Optical Module Demand

Stock Track05-19 14:51

CIG's stock price soared 8.51% during intraday trading on Tuesday, reflecting significant investor optimism.

The surge is attributed to robust demand for high-speed optical connectivity in data centers, driven by the ongoing global expansion of AI computing infrastructure. During an earnings briefing, the company highlighted strong order demand for its high-speed optical modules and confirmed active efforts to expand production facilities both domestically and internationally to ensure timely delivery of 800G and 1.6T products.

Notably, CIG has proactively established a multi-dimensional supply chain safeguard system and maintains reasonable reserves of core materials, enabling it to effectively manage supply chain fluctuations. Its current production capacity is operating at a high utilization rate, supporting its ability to deliver products according to schedule.

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