Macom FQ3: Diversified AI Optics Portfolio Drives 40% QoQ Data Center Growth

This quarter, Macom’s Data Center segment officially pulled ahead of its Defense segment, and this lead is expected to widen as we move into Q4 and beyond. This isn’t too surprising given data center revenue was up 40% sequentially and up 85% year-over-year for revenue of $137.6 million. Management also provided an update to its indium phosphide (InP) portfolio, which consists of 200G photodectors (PDs), 25G DFB lasers, and the incoming CW laser opportunity. However, Macom is a very diversified company with a portfolio spanning many products, best stated by the CEO in his opening remarks: “As a reminder, our portfolio is highly diversified supporting NRZ, PAM4 and coherent modulations across EML, silicon photonics and VCSEL based architectures. Our connectivity solutions include IC and photonic semiconductors.”