Over the past several months, subscribers are up 300%+ on Soitec, 300%+ on Aixtron, and 200%+ on Lumentum.

Today, we revisit the CPO supply chain to understand where we are going next. We dicuss why CPO demand is going exponential, the four major layers of the supply chain (InP substrate, epitaxy, laser, and optical engine, to modeling), and my opinions on (and ranking of) the most popular CPO plays: AXTI, Aixtron, Lumentum, Coherent, Soitec, and Tower Semi.

Please enjoy and have a great weekend!