The networking/optical space is gaining momentum after $MRVL's analyst day. BNP Paribas is bullish on the optical supply chain—names like Coherent, Credo, Fabrinet, Lumentum, MACOM, Marvell, and MaxLinear are in focus.
The driver? Strong demand for 800G and 1.6T transceivers.
What's striking: despite macro uncertainty, conviction is building for a rotation into optical names ahead of Q3 earnings. The market is pricing in structural demand, not just cyclical noise.
Worth watching how these names trade into earnings season.
The driver? Strong demand for 800G and 1.6T transceivers.
What's striking: despite macro uncertainty, conviction is building for a rotation into optical names ahead of Q3 earnings. The market is pricing in structural demand, not just cyclical noise.
Worth watching how these names trade into earnings season.