Optical semi (COHR,LITE,MRVL,AVGO,TSEM): robust demand with critical component shortages still cap supply Jan 2026

Based on our primary research, COHR, LITE, MRVL & AVGO’s optical connectivity biz continue to see robust demand for their respective AI-related products, including EMLs, CW lasers and high-speed optical transceivers. TSEM, as the go-to SiPho foundry supporting top transceiver makers, is uniquely positioned to capture upside from rapidly growing SiPho demand.