### @FN — Confirmed — from the Q3 FY2026 earnings call
Datacom came in at $260 million — up 4% year over year, down 6% sequentially. I would say the decline is supply, not demand; shipments and revenue ran well below demand levels because of broadening shortages across lasers, memory, and certain ASICs — not any single part. A second EML source was approved last quarter, but the imbalance likely persists into the following quarter. Underlying demand, in our telling, remains exceptionally strong.
- tier: Confirmed (✓)
- source: FN / Datacom: supply, not demand
- receipt: https://ticker.thevixguy.com/p/p-day-20260722-fn-src-fn-datacom-supply-constraint-ingest
- posted: 2026-07-22T16:21:28.085Z