TIME INTERCON

It's good to finally see some food news for alibaba, it has been in the down trend for months. The company is also laying off roughly 30% of its workforce. Hopefully the trend will reverse!

The optical Comms and memory sector appears to be the market darling now after Anthropic sparked the Saaspocalypse which swept through multiple sectors, it seems that the above 2 belong to the physical layer and would not be susceptible to another narrative of AI killing [you name it].

Wonder how many analysts will now revise away their 6000/oz projection fir gold for year end? The risks of global recession are growing bigger with each day Iran bombs its neighborhood oil facilities. The drag is making poor every one, not to mention the ecological damage. Silver and other metals are suffering. Only the factories are rejoicing.

Filter out the noise and look at what matters most in the market - Price. That is the most important and accurate market indicator out there!

2026 is also the year of optical communication. The global optical module market is expected to grow by 35% annually, with silicon photonics solutions + CPO networks set to double explode.

Below is a list of related targets:

Photonic Integrated Circuit Design (including DSP/electronic chips)

INTC (Intel), AVGO (Broadcom), COHR (Coherent), CSCO (Cisco), NVDA (NVIDIA), LITE (Lumentum), MRVL (Marvell Technology), POET (POET Technologies), NOK (Nokia), MTSI (MACOM Technology Solutions), CRDO (Credo Technology), ALAB (Astera Labs), SMTC (SMTC Corporation), 00763.HK (ZTE Corporation)

Silicon Photonics and CMOS Foundries

TSM (TSMC), UMC (UMC), INTC (Intel), GFS (GlobalFoundries), TSEM (Tower Semiconductor), STM (STMicroelectronics), SKYT (SkyWater Technology)

Optical Module Suppliers

COHR (Coherent), LITE (Lumentum), AAOI (Applied Optoelectronics), 06166.HK (Cambridge Technology)

EMS (Electronic Manufacturing Services)/Connectors

APH (Amphenol), CLS (Celestica), FN (Fabrinet), JBL (Jabil), 06088.HK (FIT HON TENG), 01729.HK (Wai Kee Holdings)