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Just a random thought: $JBL seems highkey compelling long idea at $38B.

Don’t really think markets have priced in their 1.6T LRO pluggable transceiver business yet.

Especially if it’s “how much can you make” with $SIVE as the bottleneck H1 2027. Not really is there enough demand.

They already have the massive supply chains setup… and took over $INTC pluggable lines.

Seems more scalable than $AAOI capex ATMs for laser fabs, if you have $SIVE + tons of different fabs like Win Semi + others mass producing lasers and $JBL doing the rest.

So you’re getting that Innolight style setup for free (with US premiums), with an already validated hyperscaler supply chain.

Don’t currently have positions, just throwing out a thought for others to do research on.

Prob H1 2027 is when everyone starts realizing. Maybe 40% rereating seems plausible?

(dont have any open positions, just a thought)

Takeaway

Serenity's June 9, 2026 pitch: Jabil's 1.6T LRO pluggable-transceiver business is unpriced at a $38B market cap, with Sivers lasers as the H1 2027 bottleneck and Jabil holding Intel's former pluggable lines; he floats a ~40% rerating and says he holds no position. As of the 2026-09-25 close Jabil's market cap is $33.2B (lower than at the post) and the rerating has not happened. The pluggable claims are the author's and unverified; separately, Akamai's 09-24 8-K names Jabil as the builder of its custom servers and authorizes it to buy ~$1.7B of memory — a named order the post did not have. Routed to a JBL deep dive (user ask, 2026-09-25).