Key thesis: NDK (Nihon Dempa Kogyo, 6779.T, ~$350M market cap) makes ultra-low-jitter crystal oscillators required for 1.6T transceiver signal integrity AND F-35 avionics. National security chokepoint at a commodity multiple.
Key Points
…
temple-8-research-substack
source
temple-8-research-substack
events 2 tickers 5 perspectives 0 latest
Posts and research captured from this source.
Coverage
0 source links 0 of the shown captures cited downstream
Source stream
Captured posts
Key thesis: HyperLight Corporation (PRIVATE, Series B, ~$1.3B valuation) is positioned to become the dominant player in light modulation for AI photonics. They call it "the ARM of photonics."
Key Points
- HyperLight is a private Cambridge, MA company working on TFLN (thin-film lithium niobate) modulators
- Already has confirmed design-in relationships with Broadcom, Marvell, AWS, Meta, and NVIDIA simultaneously
- At ~$1.3B estimated valuation — still pre-IPO
- The thesis: silicon photonics can't…