Archive - PhotonCap

$AAOI, From $10 to $150: How a Cable TV Parts Company Became an AI Optics Stock

Applied Optoelectronics ($AAOI) has surged 1,440% in one year. Starting from a $2 bottom in 2023, the stock broke through $150 in April 2026. This…

21 hrs ago • PhotonCap

[OFC 2026] Part 5 of 5: Hollow-Core Fiber and Next-Gen Transmission: Beyond the Loss Record

Microsoft, Nokia, and Sumitomo

Apr 9 • PhotonCap

Invite your friends to read PhotonCap

Thank you for reading PhotonCap — your support allows me to keep doing this work.

Apr 9 • PhotonCap

[OFC 2026] Part 4 of 5: 400G/Lane and 1.6T Coherent: Two Fronts, One Power Wall

Broadcom, Coherent, Cisco, Nokia, and Ciena

Apr 8 • PhotonCap

Aehr Test Systems Q3 FY2026: The Burn-In Proxy for Silicon Photonics HVM

Aehr Test Systems reported Q3 FY2026 revenue of $10.3M, down 44% YoY.

Apr 7 • PhotonCap

[OFC 2026] Part 3 of 5: Packaging: Glass Substrates to 3D Hybrid Bonding

Corning, UC Davis, and Sumitomo

Apr 7 • PhotonCap

[OFC 2026] Part 2 of 5: CPO and the AI Interconnect Challenge

Furukawa, Lightmatter, Marvell, and Meta (Broadcom)

Apr 6 • PhotonCap

[OFC 2026] Part 1 of 5: 300mm SiPh Foundry: Who Is Actually Ready?

Samsung, GlobalFoundries, and NVIDIA (TSMC)

Apr 5 • PhotonCap

NVIDIA's $2B Marvell Bet and Celestial AI's "25x Bandwidth" Claim: What's the Denominator?

In March 2026, NVIDIA invested a total of $6B across Lumentum (LITE), Coherent (COHR), and Marvell (MRVL). This article decomposes the three investments…

Apr 3 • PhotonCap

The Three Pillars of SiPh Wafer Test: What AEHR, FORM, and KEYS Actually Do

What Teradyne’s Photon 100 announcement confirms about the test equipment ecosystem, and where the market goes from here

Apr 1 • PhotonCap

March 2026

POET Technologies Q4 2025: Reading Past the Headline Loss

The number that matters isn't $42.7M. Here's what actually is.

Mar 31 • PhotonCap

Final Reminder: Locking in the PhotonCap launch price ($8/mo)

Mar 29 • PhotonCap

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