According to BlockBeats, on June 23, citing 21st Century Business Herald, an industry source close to Nvidia stated that there is no delay in CPO mass production on the industrial side. The significant market divergence may be due to confusion between two completely different cycles: "small-batch verification and adoption" and "industry-wide adoption." The truth is far more complex than simply being bullish or bearish.

Many industry insiders say that the real constraint on CPO and even the entire high-speed optical communication product market is the upstream indium phosphide laser chip. The lengthy time required for optical chip production line construction and customer verification makes it the weakest link in current capacity expansion.

In the long run, CPO remains the ultimate solution for ultra-large model training clusters; in the short term, NPO, LPO, and traditional pluggable optical modules may form a multi-path parallel structure to share the demand for ultra-high bandwidth computing power. The fierce competition for computing power and bandwidth will not cool down, but the implementation of high-speed optical interconnect technology is destined to be a slow process with upstream capacity development taking the lead and phased iterations.

According to BlockBeats, on June 23, investment bank Susquehanna International Group initiated coverage of SpaceX (ticker symbol SPCX) with a "Neutral" rating and a target price of $170, citing the company's strong growth prospects but noting that its current valuation is high.

The agency expects the company's revenue to continue to grow rapidly until 2030, driven by its launch business, Starlink, and artificial intelligence-related applications.

However, analysts also advised investors to wait for a better entry point, pointing out potential risks including: delays in SpaceX Starship development, increased competition from Starlink, and uncertainty surrounding AI-related revenue.