### @FN — Confirmed — from the Q3 FY2026 earnings call
I would say our datacom revenue was $260 million — up 4% year over year, down 6% sequentially — and I would frame the decline as supply, not demand. Shipments and revenue ran well below demand levels because of broadening component and material shortages, 'not demand risk; it is supply constraints,' spanning lasers, memory, and certain ASICs, let's say, not any single part. A second EML source was approved last quarter, yet 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-20260810-fn-src-fn-datacom-supply-constraint-conversation
- posted: 2026-08-10T15:08:50.159Z