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Innolight falls below a trillion yuan as four senators take aim at China's optical modules
The first session after the Mid-Autumn holiday cost Zhongji Innolight its trillion-yuan market cap, after four US senators filed a bill to push its optical transceivers out of national-security systems. The bill's five-year clock, and the lobby war around it, concede what neither side says aloud: America's AI buildout still runs on Chinese optics.
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