Dongwu Securities: The development of computing power interconnection demand has multiplier effects, and various interconnection methods are expected to benefit greatly.

Dongwu Securities released a research report stating that as the speed at which users consume tokens increases, the advantages of reasoning performance of larger Scale Up supernodes will become even greater. They believe that expanding Scale Up supernodes using a combination of PCB, copper interconnects, and optical interconnects is one of the potential optimal solutions. The demand for interconnect bandwidth is expected to increase rapidly with the "multiplier effect," and various interconnection methods such as optical connections, copper connections, and PCB are expected to benefit significantly from the distribution of incremental interconnection demand.