中文翻译
集成模块光学(IMO)光子学主题+连续波(CW)激光器瓶颈是顶级的。市场真的像有短期记忆丧失症，忘了$LITE从2024年到现在是如何从30亿美元涨到650多亿美元的。因为$NVDA导致了外延激光管芯(EML)瓶颈，并迫使架构改变。我们实际上正在看到同样的情况
· 供应链分析
NVDA导致EML瓶颈迫使架构转向，IMO光子学及CW激光器成关键瓶颈。
相关概念： 隐形冠军光子学 Photonics
英文原文
IMO photonics theme + CW laser chokepoint is goated. It's legit like markets have short term memory loss and forgot how $LITE went from $3B -> $65B+ from 2024 to now. Because $NVDA caused EML bottlenecks, and forced architectural changes. We're literally seeing the same