cpo

#CPO

Last night's CPO hot take, I see it differently. The hype cycle for AI should be stretched out over time; pumping it all at once isn't great for maximizing our trading profits.

Now the CPO hype is getting pushed back. Prices shot up too fast, and I'm hesitant to buy. If they say it won't really explode until two years later, that's not a good sign, right?

Last night, SemiAnalysis reported that:
NVIDIA's native single-ended 800VDC mass production has been pushed to after 2028, not the earlier ramp the market was hoping for. The ±400VDC rollout is still on track, mainly for hyperscaler self-developed ASIC deployments, and sidecar orders are expected to land in the second half of 2026, ramping up production in 2027.

Rubin Ultra / Kyber related sidecar volume was originally expected to ramp up sooner, but now that's pushed to the 2028 window.

CPO expectations have been downgraded: the 2027 scale-up CPO shipment expectations seem overly optimistic, and SemiAnalysis believes these will be delayed compared to current Street expectations.

The real large-scale scale-up CPO ramp might not happen until 2029, instead of what the market is shouting about for 2027/2028.

Doesn't this tell us that the CPO hype lifecycle has been extended?

CPO folks, listen up... the game is about to kick off fast 😎

News from Foxconn:
> Optical switches $NVDA have started early shipments
> The unit estimate has also gone up 📈

And $LITE dropped a bomb at the Mizuho conference today:
"We’ll start shipping Scale-Up optical products in H2"

**So what does that mean?**
CPO = Co-Packaged Optics = the new fuel for AI
Everyone thought this was a 2027 story...
These guys are already planning to ship in H2 2025 💎

Early delivery for $NVDA = Demand is legit, bro
LITE is scaling up fast = Competition is heating up

**What’s your take?**
Are you jumping into the CPO sector or just keeping it on your watchlist? 👇

#CPO #AI #Semiconductors #Optical

Jensen Huang's latest valuation expectations for Marvell: Interconnect business guidance raised over 70%, projected revenue of $16.5 billion by 2028.

At the Evercore TMT summit, Marvell confirmed that AI orders are exceptionally strong, raising the fiscal year 2027 revenue guidance to about $11.5 billion, with interconnect business growth accelerated from about 50% to over 70%. Custom ASICs are expected to bring in around $2 billion this year, with a goal to double to over $4 billion next year, and the revenue cap for 2028 is pushed up to $16.5 billion.

Since Jensen made his public call, Marvell's stock has surged nearly 158%, and NVIDIA's $2 billion investment could potentially incorporate custom chip competitors into its own ecosystem. However, large-scale deployment of CPO remains the biggest variable to validate, as real volume won't kick in until after 2027.

Why it matters: The combination of Jensen Huang and Marvell marks the entry of AI interconnect into a "scale" new era, but the successful mass production verification of CPO technology will determine whether the high valuation can be realized.

#Marvell #AI #英伟达 #光模块 #CPO

Big Mo was the first CPO to enter the market, today it's up 2.9%. Back then, nobody was paying attention, no one cared, just quietly stacking. #CPO #金融财经