Optical semi (COHR,LITE,AVGO,TSEM): 800G/1.6T strength, NPO/CPO ramp, ~7X InP laser demand by ’28 without oversupply in sight Jul 2026

Westlake’s primary research points to robust NT demand for InP lasers & optical transceivers, with InP laser demand growth accelerating as optical intensity rises across pluggables, CPO/ELS/NPO & DCI, countering investor concerns about oversupply beyond ’27. We remain positive on LITE, COHR, AVGO, TSEM, Source Photonics & Yuanjie Semi…