Nvidia Locks EML and CW Laser Supply; AMD Rushes to Secure Alternatives, Benefiting AAOI and SIVE

According to Serenity's analysis on June 16, Nvidia has fully locked down EML production capacity and is employing the same strategy to secure CW laser supply through long-term contracts with suppliers including Lite, Coherent, and potentially Marvell and Celestial. This has created industry-wide bottlenecks.

Meanwhile, AMD is urgently attempting to secure alternative CW laser supplies, but has been hampered by slow response times compared to Nvidia. With major suppliers like Lumentum and Coherent already committed to Nvidia's EML contracts, independent and merchant suppliers such as AAOI, MTSI, and SIVE remain among the few available options, positioning them as beneficiaries of the supply competition.