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),$ZTE(763.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),$CIG(6166.HK) (Cambridge Technology)

EMS (Electronic Manufacturing Services)/Connectors

APH (Amphenol), CLS (Celestica), FN (Fabrinet), JBL (Jabil),$FIT HON TENG(6088.HK) (FIT HON TENG),$TIME INTERCON(1729.HK) (Wai Kee Holdings)