Lumentum reported that demand for ultra-high-power lasers tied to Nvidia’s Spectrum-6 co-packaged optics has increased significantly and continues to outpace supply. During discussions at ECOC 2026, the company noted that NPO currently operates at a larger scale than CPO, while multi-wavelength external lasers are expected to drive higher average selling prices. Win Semi is expanding continuous-wave laser capacity, with new products scheduled for gradual rollout in the second half of 2026. These expanded capabilities are projected to generate significant revenue contributions in 2027 and 2028 as optical module demand remains elevated.