BlockBeats News, June 23rd, "Whitehair" Serenity posted on social media:

I think the photonics theme combined with the CW laser bottleneck is simply top-notch. It's like the market has short-term amnesia, forgetting how LITE has surged from $3 billion to over $65 billion from 2024 to now. This is because NVDA has caused an EML bottleneck and forced architecture changes.

We are indeed seeing a similar situation now—AMD and other cloud providers are acquiring the remaining share through large CW lasers and long-term agreements for optical components. Goldman Sachs research estimates that by 2028, the optical TAM will be around 9-10 times, reaching $154 billion; while the CPO TAM has grown from nearly zero to $91 billion in just two and a half years.

Don't disappear out of thin air because of a month's trading fluctuation. AAOI with a market cap of about $13 billion, AAOI with a market cap of about $13 billion, SIVE around $3 billion, and other CW laser players all seem very valuable strategically. Then there may be some new small trends in the next 1-2 years, such as microLED or quantum dots, and we will see the same thing happen again. I think Sumitomo's prediction about CW laser share and silicon photonics becoming the mainstream/leading architecture should be correct. I personally am just focusing on that bottleneck, as you have seen on SOI, SOI, TSEM, SIVE, and other stocks.