CIG (06166) saw its shares rise nearly 10% in early trading. At the time of writing, the stock was up 7.79%, trading at HK$83.70, with a turnover of HK$308 million.

Reports indicate that Meta is in advanced negotiations with Alphabet (Google) to potentially adopt TPUs in its data centers on a large scale starting in 2027, with a potential procurement value reaching billions of dollars. If finalized, this deal would mark a significant milestone in Alphabet's external sales of TPUs. Recent industry reports suggest that Alphabet is placing additional orders with leading optical module suppliers. Supply chain feedback reveals that these new orders primarily focus on 800G/1.6T high-speed optical modules, catering to the expansion needs of Alphabet's next-generation TPU clusters.

Huaxin Securities previously noted that CIG has successfully completed certification for multiple new products with several clients, with mass shipments expected in 2025. The company continues to refine its 800G LPO product line, with its 800G DR8 LPO product performing well in client switch tests. CIG is also advancing the development and iteration of 800G and 1.6T LPO and LRO products. Additionally, the company has ramped up production capacity at its Shanghai and Malaysia facilities to meet anticipated 2025 client demand.