CITIC Securities: Domestic Compute Demand Rising, Focus on IDC, Connectors, Switches

Cointime reports: CITIC Securities said in a research note that demand for domestically produced compute is accelerating, with the supply chain entering a phase of earnings realization as capital expenditure continues to rise. Dual capex drivers from telecom operators and cloud providers are speeding up construction of intelligent computing centers and super-node clusters in China, opening earnings windows across key segments, with IDC, connectors and switches flagged as core areas to watch.