Currently, 100G Ethernet has become the dominant standard in data centres, but with the emergence of new technologies such as 5G, IoT and AI, 100G Ethernet can no longer meet future demands and 400G Ethernet has become the new target. To achieve higher bit rates at the same baud rate, it is necessary to use higher-order modulation, such as PAM-4 (Pulse Amplitude Modulation, 4th order) signalling, which carries two bits of information in each symbol to achieve twice the bit rate.
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