GlassBridge and Fiber-to-PIC‘s Implications for Al Transceiver and FAU Makers

研报英文原文证据摘录

GlassBridge and Fiber-to-PIC‘s Implications for Al Transceiver and FAU Makers

Update

June 28, 2026 02:31 PM GMT

Morgan Stanley Asia Limited+MGreater China Technology Hardware | Asia Pacific Andy Meng, CFA

Equity Analyst

Andy.Meng@morganstanley.com +852 2239-7689

GlassBridge and Fiber‑to‑PIC's Morgan Stanley & Co. LLC

Meta A Marshall

Equity AnalystImplications for AI Transceiver Meta.Marshall@morganstanley.com +1 212 761-0430

Morgan Stanley Taiwan Limited+and FAU Makers Tiffany Yeh

Tiffany.Yeh@morganstanley.com +886 2 7712-3032

Key Takeaways

Morgan Stanley Asia Limited+

GlassBridge is a potential disruption technology for existing FAU makers in CPO Betty Chen

development. Research Associate

Betty.H.Chen@morganstanley.com +852 2239-7213

We expect very limited impact on AI transceiver companies in the coming 1-2

Morgan Stanley Taiwan Limited+

years.

Sharon Shih

There was news about GlassBridge back in September 2025, so it is not a Equity Analyst

Sharon.Shih@morganstanley.com +886 2 2730-2865

completely new technology.

GlassBridge has already been contemplated as part of the US$10bn Photonics

target outlined at Corning's Analyst Day.

The timetable for real commercial application is still uncertain, resulting in

volatility for companies with high option value from FAU.

Greater China Technology Hardware

Asia Pacific

On June 24, Corning officially launched its GlassBridge glass optical interconnect Industry View In-Line

assembly at the AI Data Center Optical Communications and Interconnect

Technology Conference held in Seoul. Based on Corning's document:

1) Corning GlassBridge is a fiber‑to‑PIC connector platform that brings optical fiber

directly to a photonic integrated circuit (PIC).

2) Fiber‑to‑PIC technology refers to the optical interface that couples optical fiber