Two suppliers, two truthful framings, one unannounced negotiation: Lumentum needed capital (~$25M FCF vs ~$320M capex), Coherent formalized a 20-year relationship from strength. Same $2B each, same consecutive-day disclosures, same silence on NVIDIA's next call — $4B deployed, zero mentions. The platform names customers; suppliers remain anonymous infrastructure. The asymmetry is structural, and the signal lives in what isn't said.