The stack / 24 companies
Optics & interconnect
What moves a token between chips and between racks. Transceiver shipments are the tell before the capex is announced.
The number
800G/1.6T transceiver shipment growth
This week
Up most
- AXT Inc+1.2%
- Lightwave Logic+1.0%
- Arista Networks-2.6%
- Accelink Technologies-3.8%
- Corning-6.3%
Down most
- Enablence Technologies-15.5%
- Eoptolink Technology-15.0%
- Sivers Semiconductors-13.6%
- Sumitomo Electric Industries-13.6%
- Fabrinet-13.4%
Constituents
| Company | Ticker | Beat | Close | Week |
|---|---|---|---|---|
| Enablence Technologies | ENA.V | networking | 5.66 CAD | -15.5% |
| Eoptolink Technology | 300502.SZ | networking | 261.00 CNY | -15.0% |
| Sivers Semiconductors | SIVE.ST | networking | 20.64 SEK | -13.6% |
| Sumitomo Electric Industries | 5802.T | networking | 1832.50 JPY | -13.6% |
| Fabrinet | FN | networking | 314.94 | -13.4% |
| Credo Technology | CRDO | networking | 147.29 | -13.2% |
| IQE plc | IQE.L | networking | 35.35 GBp | -11.0% |
| Nokia | NOK | networking | 8.14 | -10.9% |
| Coherent Corp | COHR | networking | 209.29 | -10.1% |
| Astera Labs | ALAB | networking | 257.16 | -10.0% |
| Zhongji Innolight | 300308.SZ | networking | 612.63 CNY | -8.6% |
| Lumentum | LITE | networking | 756.17 | -8.2% |
| Corning | GLW | datacenters | 123.69 | -6.3% |
| Accelink Technologies | 002281.SZ | networking | 128.63 CNY | -3.8% |
| Arista Networks | ANET | networking | 172.37 | -2.6% |
| AXT Inc | AXTI | networking | 52.08 | +1.2% |
| Lightwave Logic | LWLG | networking | 4.01 | +1.0% |
| Ayar Labs | — | networking | — | — |
| Celestial AI | — | networking | — | — |
| HyperLight | — | networking | — | — |
| Lightmatter | — | networking | — | — |
| O-Net Technologies | 0877.HK | networking | — | — |
| Oriole Networks | — | networking | — | — |
| Xscape Photonics | — | networking | — | — |
24 on the layer · closes to 2026-10-23
What is being collected
series
A dated number. Collected on a cadence; the chart is the record.
| Source | What it is for | As of | State |
|---|---|---|---|
| china-transceiver-makers | optics constraint number: 800G/1.6T shipment growth via Innolight 300308 / Eoptolink 300502 revenue | — | lead |
calendar
Forward-dated events a lean can be sealed on.
| Source | What it is for | As of | State |
|---|---|---|---|
| optics-conference-calendar | OFC/ECOC dates on the optics page | — | lead |
event-log
Dated decisions where the event itself is the record.
| Source | What it is for | As of | State |
|---|---|---|---|
| fcc-equipment-authorizations | what's about to ship, per optical/networking name | — | lead |
| optics-backlog-language | backlog language across Coherent, Lumentum, Fabrinet, Ciena; custom-ASIC guidance at Broadcom/Marvell | 2026-09-03 | 2 points |
What happened
| Date | Type | What happened | Source |
|---|---|---|---|
| 2026-10-22 | filing | 6-K: Q3 2026 interim report, net sales EUR 5,154mQ3 2026 net sales EUR 5,154m (+10% reported); reported operating profit EUR 196m; comparable operating profit EUR 605m (11.7%); diluted EPS EUR 0.03; dividend EUR 0.03 per share, record date 27 Oct 2026. | agent:company-events · SEC EDGAR 6-K |
| 2026-10-16 | filing | Credo 8-K: annual meeting results, three directors electedAnnual meeting held 12 Oct 2026. Elected Acevedo (107,784,926 for), Danesh (117,544,250 for), Sutardja (115,178,430 for). Say-on-pay: 99,131,312 for, 19,220,964 against. E&Y ratified: 147,849,429 for, 862,964 against. | agent:company-events · SEC EDGAR 8-K |
| 2026-10-15 | filing | Nokia 6-K: managers' share-based incentive receipts; 2,142,361 own shares transferredOn 15 Oct 2026 four managers received shares under share-based incentives (Hammarén 8,505; Heard 35,110; Mahajan 35,192; Owczarek 45,275). Nokia transferred 2,142,361 own shares; 81,161,716 held afterwards. | agent:company-events · SEC EDGAR 6-K |
| 2026-10-14 | filing | Credo Technology: 9 insiders filed Form 4s, RSU awards, sales and a gift9 insiders filed Form 4s 7-14 Oct 2026: 40,410 shares sold in the open market, 7,332 RSU shares acquired, and a 200,000-share gift reported by one officer. | agent:company-events · SEC EDGAR Form 4 |
| 2026-10-13 | filing | Form 4 cluster: 3 insiders, sales and gifts 5-8 Oct 2026CFO Fleming sold 7,580 sh on 8 Oct; COO Lam gifted 200,000 sh on 7 Oct; CTO Cheng sold 27,500 sh via family trust on 6 Oct. Tax withholding of 3,180 and 2,460 sh on 5 Oct at $218.64. | agent:company-events · SEC EDGAR Form 4 |
| 2026-10-09 | filing | Form 4 cluster: three Astera Labs directors, 1-7 Oct 20263 insiders filed Form 4s: RSU grants of 68, 72 and 68 shares on 1 Oct; director Stefan Dyckerhoff also sold 12,499 shares at $376.06 on 7 Oct under a 10b5-1 plan. | agent:company-events · SEC EDGAR Form 4 |
| 2026-10-09 | filing | Form 4 cluster: four Credo insiders report tax withholding, a sale and a gift4 insiders filed Form 4s for 2-7 Oct 2026: 22,858 shares withheld for tax; 27,500 shares sold by Cheng Huang Family Trust under 10b5-1; 200,000 shares gifted by Lam. | agent:company-events · SEC EDGAR Form 4 |
| 2026-09-29 | filing | 8-K Item 5.02: Edward Kennedy appointed Class I directorBoard appointed Edward Kennedy as Class I director effective 23 Sep 2026, filling a vacancy from an increase in board size from six to seven; press release dated 29 Sep 2026. | agent:company-events · SEC EDGAR 8-K |
Dated ahead
| Date | Company | Period | Firmness |
|---|---|---|---|
| 2026-10-29 | Corning GLW | 2026-Q3 | expected |
| 2026-11-02 | AXT Inc AXTI | 2026-Q3 | expected |
| 2026-11-03 | Fabrinet FN | 2026-Q3 | expected |
| 2026-11-05 | Arista Networks ANET | 2026-Q3 | expected |
| 2026-11-05 | Astera Labs ALAB | 2026-Q3 | expected |
| 2026-11-06 | Coherent Corp COHR | 2026-Q3 | expected |
| 2026-11-06 | Lumentum LITE | 2026-Q3 | expected |
| 2026-11-16 | Lightwave Logic LWLG | 2026-Q3 | expected |
| 2026-12-02 | Credo Technology CRDO | 2026-Q4 | expected |