Connector and cable maker CviLux is reaping the benefit of long-term orders from AI servers and data centres — good news for the company and its shareholders.

• Order visibility now extends to 2028, with customers placing long-term orders early to secure production capacity.
• Its 1.6T loop modules have been certified by four US customers and have begun shipping; optical communications business in the first half of the year was already double that of the whole of last year.
• Early ordering by customers allows the company to stock up on materials in advance, reducing air freight and rush purchases, which helps the gross margin.
• The high-power product line now has more than six cloud service providers and over 20 ODM customers, with a customised 130-amp product entering mass production in the third quarter.
• Norway's sovereign wealth fund bought into the stock in the first half of the year, a sign of foreign investor confidence.

Outlook: 1.6T products from the Thailand plant are undergoing sample testing; if they pass certification next quarter or early next year, shipping momentum could move up another notch.