CPC (Co-Packaged Copper Interconnect) is a high-speed interconnect technology widely used in AI computing power and data center scenarios, supporting high-speed data transmission from 224Gbps to 448Gbps. With the explosive growth in demand for AI servers, CPC technology has become key to enhancing data transmission efficiency, with the market size expected to reach $2 billion by 2025. The core companies in CPC are as follows:
1. Luxshare Precision
Luxshare Precision is a leading domestic connector manufacturer, independently developing the KOOLIO CPC solution, which supports high-speed interconnects from 224Gbps to 448Gbps, widely used in AI computing power and data centers. Its 224G CPC solution has been shipped in small batches, and the 448G samples are at the forefront of the industry. The 2025 semi-annual report shows that revenue from communication interconnect products and precision components increased by 48.65% year-on-year, accounting for 8.91% of total revenue. The global connector market share increased from 4% in 2022 to 15% in 2024.
2. Jin Xin Nuo
One of the main players in the domestic CPC sector, partnered with Zhongji Xuchuang, AEC products have entered the XAI supply chain through Xuchuang. The 224G high-speed connector breaks the overseas monopoly and has been sampled to leading customers such as Meta and NVIDIA. The Q2 2025 financial report shows that revenue from high-speed connector business increased by 35% year-on-year, with a gross margin rising to 25%.
3. Zhongji Xuchuang
A leader in optical modules, with a coordinated layout of CPO and CPC, introduced the CPC concept at the Optical Expo. The global market share of its 800G optical modules is 40%, with leading technical strength. Its 800G optical module business accounts for over 50% of revenue, providing solid financial support for the development of CPC technology.
4. Wolong Nuclear Materials
Mass production of high-density copper cables, supplying NVIDIA’s GB200 CPC solution. The 224G single-channel high-speed communication line is a market-leading product, with 448G samples under development. It holds an important position in the copper cable supply for CPC technology and is expected to benefit from the growth of the CPC market.
5. Dinglong Co., Ltd.
Provides CMP polishing pads and polishing liquids for key processes such as TSV and RDL in CPC, with irreplaceable capabilities. Its products are critical consumables in the manufacturing process of CPC technology, and market demand is expected to increase with the promotion of CPC technology.
6. Ashi Chuang
Produces barrier layer materials (such as tantalum and titanium target materials) required for CPC, with high technical barriers. It has certain technical advantages in the supply of CPC materials, providing foundational material support for the development of CPC technology.
7. Zhaolong Interconnect
A core supplier of high-speed copper cable components, covering 400G/800G, supplying NVIDIA’s NVL72 cabinets. It has high recognition and market share in the high-speed copper cable component market, aligning with the high-speed data transmission needs of CPC technology.
8. Kuaike Intelligent
A key equipment supplier in the CPC industry chain, providing high-precision laser cutting equipment, supplying leading manufacturers such as Luxshare Precision. Its equipment plays an important role in the manufacturing process of CPC products, and demand for equipment is expected to grow with the development of the CPC industry.
9. Hudian Co., Ltd.
A high-end PCB manufacturer, a core supplier of CPC backplanes, meeting the extreme requirements of AI servers. It has strong competitiveness in the high-end PCB market, and the CPC backplane business has brought new growth points.
10. Xingsen Technology
A leader in AI server PCBs, supporting CPC architecture. It holds a leading position in the AI server PCB field, and its products are closely related to the application scenarios of CPC technology, expected to gain more business opportunities in the CPC market.