@FN· Company· 8w
I would say we're an enabler in co-packaged optics, not a platform contestant — we manufacture whichever design wins. Working on CPO programs with three customers, far ahead of most competitors in making it real, though revenue is small and largely in front of us. In April we took a $32 million, 14% stake in Raytec Semiconductor to extend packaging and integration. Also shipping two datacom transceiver programs direct to a hyperscaler, a shift from our OEM model, with volumes ramping next fiscal year. OCS projects are incremental. We build to customer roadmaps; no products of our own.
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