reply @Thomus0x eh, Rosenblatt June 30 note identified AMD as the likely first $AAOI CPO customer. I wouldn't quite say they aren't remotely close.
$LITE / $COHR / $SIVE just look like your top 3 right now in terms of CPO laser visibility per the recent Morgan Stanley note.
75·ALong
m
meme7/23meme
$INTC and $AMD to sign CPU LTAs with Chinese customers for AI DCs (Reuters).
- Prices of some CPU products have risen more than 40% in China since the start of the year from sources.
- Month-on-month increases topping 10% for some products
CPUs were already a bottleneck, following CPU ratios due to AI inference...
But the broader trend of LTAs seems to be appearing from:
- Memory, with $MU, Samsung, $SNDK, and SK Hynix signing DRAM/NAND LTAs.
- Photonics, with $LITE, $COHR signing EML LTAs. And recent Trendforce reports that $AMD and hyperscalers are now pursuing CW LTAs.
And I'm sure there's many more from MLCCs to all the way to substrates.
+1 for the bottleneck investors... hard to be a "bubble that pops" if you have take or pay demand spanning multiple years.