### @FN — Confirmed — from the Q3 FY2026 earnings call and quarterly filing
I would say we're an enabler in co‑packaged optics, working on CPO programs with three customers – names not disclosed – and we are far ahead of most of our competitors in making the technology real, though the revenue so far is small and largely in front of us. In April 2026 we took a $32 million, about 14% minority stake in Raytec Semiconductor, a Taiwan‑based wafer‑level packaging provider, to extend our packaging and integration capabilities for CPO.
- tier: Confirmed (✓)
- source: FN / Co-packaged optics: the enabler, not the contestant
- receipt: https://ticker.thevixguy.com/p/p-day-20260727-fn-src-fn-cpo-ocs-raytec-rotation
- posted: 2026-07-27T17:32:57.646Z