Mizuho Research: No delays on CPO or 800v dc.
Revised up optical engine projections from $NVDA demand ramp.
- Next phase in CPO for long term, believes InP DFB lasers remains the focus (hello $SIVE). VSCEL and microLED remain "unproven" in short distance in rack + chip to chip for 1.6T+
- HVDC deployment on track, 800VDC incremental volume 2027, with higher penetration in 2028.
What a stupid CPO related selloff recently.
Serenity: $NVDA Networking Senior Vice President refuting recent analyst reports on delays:
- “ the most exciting stuff is co-packaged optics.”
- There is no delay in H2 CPO product delivery schedule.
- CPO switch will enter mass production and begin ramping up customer deliveries as
Post cites Mizuho Research affirming no delays in CPO (co-packaged optics) or 800V DC deployment timelines, with revised upward optical engine projections driven by NVDA demand. Highlights InP DFB lasers as the focus technology for CPO's next phase, positioning SIVE favorably. Includes supporting statement from NVDA's Networking SVP confirming H2 CPO product delivery on schedule and upcoming mass production ramp. Author criticizes recent CPO-related selloff as unjustified.
Post presents specific refutation of delay concerns from company management and third-party research. NVDA Networking SVP's direct statement confirms CPO product schedule intact and mass production ramping as planned. Mizuho's upward revision of optical engine projections based on NVDA demand provides incremental positive catalyst. Current price action shows minor recent dip, but post frames this as disconnected from fundamentals. Upcoming earnings (Aug 25, est EPS 2.1227) provides near-term catalyst. Stance supported by concrete management guidance and research house upgrade, not speculative hype.
Post positions SIVE as beneficiary of InP DFB laser focus for CPO technology, which Mizuho identifies as the key technology path (versus unproven alternatives). However, SIVE's external data shows it is Silver Verde May Mining Co (OTC, $1.42 market cap) — a mining company, not a laser/optics supplier. This is a clear ticker mismatch. Without external data confirming SIVE's role in InP DFB lasers or CPO supply chain, and given the company profile contradicts the thesis, confidence in this specific ticker call is low despite the bullish framing.
关键要点
Mizuho Research confirms no delays in CPO or 800V DC timelines
Optical engine projections revised upward due to NVDA demand ramp
InP DFB lasers identified as focus technology for CPO; VSCEL and microLED deemed unproven for short-distance applications at 1.6T+
800V DC volume expected incrementally in 2027, higher penetration in 2028
NVDA Networking SVP directly refutes delay reports, confirms H2 CPO product delivery and mass production ramp on track
Author views recent CPO-related selloff as unwarranted
