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Goldman Sachs forecasts AI optical networking market to reach $150B+ by 2028

Goldman Sachs projects the AI optical networking market will grow nearly 10x to exceed $150B by 2028 as GPU clusters scale into multi-rack systems. The bottleneck in AI infrastructure is shifting from compute to data fabric.

WHY IT MATTERS

Optical networking is becoming a critical capex lever for LLM deployment scale. BFSI cloud strategies must account for photonics as a cost and latency driver; chip supply and networking both constrain AI acceleration in regulated environments.

Source: Goldman Sachs · 2026-05-24

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Goldman Sachs forecasts AI optical networking market to reach $150B+ by 2028 — ath