I usually make fun of sellside, but Rosenblatt has pretty goated channel checks on optical names, and their reports are one of the few I like talking about.
$Applied Optoelectronics(AAOI.US), $Lumentum(LITE.US), $SIVE, and the laser party has started to recover around the est. timing windows. eg. last month: "Multiple short sellers told them they will likely close their positions... late July and early August". They might have missed that they believed $AMD(AMD.US) would be $Applied Optoelectronics(AAOI.US)'s first CPO customer... since AAOI said they would be missing from first-gen CPO (maybe future gen?)But lot of their talking points about China CPO laser positioning (eg. 2-3 years behind) got corroborated word-for-word from AAOI earnings today.
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