December 18, 2025 Optics Super Cyce: Faster Ports, Longer Reach and Tight Suppy Backdrop //Muti-Vertica Note Executive Summary adds more eectro/optica content per port, pushing ASP per transceiver up higher offsetting decining cost per bit. Optica transceivers are set for a muti-year TAM expansion as A training and inference custers drive both faster port-speed upgrades and higher optica content per XPU and per data center buidout. We forecast the transceiver market wi grow rapidy with expected aggregate ba ...