Optics Photonics: The $91 Billion Question (Pt.1) CPO's $91 Billion Assumption, NPO's Quiet Momentum, and the OCS Wildcard — Mapping the Bottlenecks That Will Separate Winners from Consensus Darlings 22 min read 07 Jun 2026
Lumentum Holdings 31 min read 06 Nov 2025 Lumentum Holdings: The Optical Engine Behind the AI Data-Center Revolution Summary * Record 1Q26: $533.8m revenue (+58% YoY) with next-quarter guide $630–$670m; cloud/AI now >60% of mix, beating the $600m/quarter goal early. * Growth is structural as hyperscalers shift from copper scale-up to optical scale-out, accelerating 800G/1.6T transceiver demand. * LITE’s leadership
