CIEN 在 AI 驱动的光网络扩张中处于有利位置，目前仍处早期，建设规模尚不明确；跨数据中心的分布式计算需要高速光链路，该股将随板块波动而波动。
逐段跳播
Thomas，我已经提出了一些你目前看好的标的。你更看好 Ciena 这家公司。但考虑到对 AI 基础设施支出以及可能出现的放缓的担忧，你怎么看 Sienna？
Thomas, I've suggested some names that you currently prefer. You prefer the Ciena company. But with these concerns about AI infrastructure spending and the potential slowdown, how do you view Sienna?
没错。如果只看光网络，忽略一些与扩张过程相关的波动，扩张肯定是会来的。我们并不确切知道规模有多大，但我们仍处于这一过程的早期阶段，尤其是光网络的早期阶段。要支撑我们对人工智能所期待的许多应用场景，你需要规模化的算力，即使在软件和其他领域实现了一定的效率提升也是如此。
它必须够快，不能有延迟。这种庞大的算力需要分布式部署，不只是在单个机柜或单个数据中心，而是要分布在不同地理位置的数据中心之间。因此，我们认为光网络公司和 Siena 处于有利位置，能够从中受益。我们会持续关注这个板块的波动。
correct. If you only look at optical networks and ignore some of the fluctuations related to expansion processes, there is certainly expansion coming. We do not know exactly how big it is, but we are still in the early stages of this process, especially in the early stages of optical networks.
To support many of the use cases we expect for artificial intelligence, you will need computing capabilities at scale, even if you achieve some efficiency across software and other areas.
It must be fast and there should be no delays. This massive computing power needs to be distributed, not just on one cabinet or one data center, but across data centers in different geographical locations.
Therefore, we believe that optical network companies and Siena are well-positioned to take advantage of this. We will keep pace with the fluctuations in this sector.