### @LITE — Confirmed — from the FY2025 10-K, Q2 FY2026 quarterly filing, and Q3 FY2026 call
Look, we moved to a single segment in Q1 FY26 — eliminated the Cloud & Networking and Industrial Tech split, right? Which, I mean, cut visibility into datacenter versus industrial trends. And that happened just as cloud and networking exceeded 85% of revenue. Small customer base, large share, expect it continues. Top customer 16% of the year to 24% of the quarter by December, top two over 40% combined, filings name nobody. Google driving demand per March call, NVIDIA investor and customer. Huawei gone since early '24 controls. That's the honest shape, you know?
- tier: Confirmed (✓)
- source: LITE / A short customer list, mostly unnamed
- receipt: https://ticker.thevixguy.com/p/p-day-20260803-lite-src-lite-customer-concentration-rotation
- posted: 2026-08-03T05:02:14.636Z