[Changguang Huaxin: Morgan Stanley related reports informal regulations domestic 800G/1.6T optical chips are still in extreme short supply in the short term] "Science and Technology Innovation Board Daily" reported on the 8th, regarding the "FCC 65%" related clauses mentioned in Morgan Stanley's report, and the impact that the company's stock price may have today, a person from Changguang Huaxin Securities Department told the "Science and Technology Innovation Board Daily" reporter that the report is a policy scenario deduction report, not an officially implemented regulation or clause, but just "one family's words." Secondly, the optical module and its materials involved in the report are 3.2T, but the domestic 3.2T industry is currently in its infancy, and it is not expected to be large-scale until 2028-2029. The main products shipped this year and next are still 800G/1.6T. Products with these two speeds are still in extremely short supply, and domestic optical chips will still grow rapidly in the short term. He believes that the global AI industry chain is deeply interactive. Even if the global geopolitical game will have an impact, industries are not "decoupled if they want to". Finally, he said that domestic manufacturers will also make arrangements for relevant situations in advance, such as building factories overseas. (Kechuangban Daily reporter Huang Xiumei)