Lumentum NC InP Laser Fab for AI Optics
Key Questions
What did Lumentum demonstrate at OFC for AI optics?
Lumentum showcased 1.6T DR4 EML upgrades to 3.2T UHP with Marvell Aquila/Ara OCS. This highlights their NC InP laser fab advancements for AI.
What are Lumentum's recent financial highlights?
Lumentum reported Q2 FY26 revenue of $665M, up 65% YoY, driven by 1.6T EML and SiPh transceiver traction. They have a $400M backlog amid undersupply.
How has NVIDIA influenced Lumentum?
NVIDIA took a $2B stake in Lumentum, boosting stock +1600% to $960, with focus on CW/UHP for NC fab by 2028. This signals strong AI optics demand.
What is the status of InP supply for AI optics?
AXT reports InP tightness, critical for Lumentum's NC fab and AI optics production. This contributes to undersupply in high-speed transceivers.
What platforms support Lumentum's AI optics advancements?
Advancements leverage silicon photonics and CPO platforms from Samsung Foundry and GlobalFoundries' SCALE for AI interconnects.
OFC 1.6T DR4 EML to 3.2T UHP/Marvell; Q2 FY26 $665M +65% YoY on 1.6T EML/SiPh; NVIDIA $2B stake/stock +1600% $960, $400M backlog; NC fab NVIDIA CW/UHP 2028 aligning GF SCALE CPO SiPh platform; AXT InP tightness.