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Citic Securities Forecasts 2000B ARB Large Model Company in 2026, North America CSP Capex Up 70% YoY

GateNews
AI Industry News
According to Citic Securities, on June 6, North American cloud service providers' capital expenditure in the first quarter of 2026 rose 70.25% year-over-year, with full-year guidance expected to reach $710 billion. The research firm forecasts that a large language model company with annual recurring revenue (ARR) of approximately $200 billion could emerge in 2026, driven by commercial adoption in areas such as coding. Citic Securities remains bullish on the artificial intelligence industry chain, citing strong fundamentals in GPU, optical modules, optical chips, optical fiber cables, and liquid cooling infrastructure.
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