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Serenity forwarded a research report from Mizuho Securities, stating that there is no delay in the deployment of CPO and 800V DC, and the recent decline in the sector is a mistake. According to a research report by Mizuho, the production window for CPO will remain between 2028 and 2029, and the shipment forecast for light engines will be raised. Mizuho believes that InP DFB lasers are still the long-term mainstream of CPO and has named $SIVE as a beneficiary target. The incremental shipment of 800VDC data centers is expected to start in 2027. The Senior Vice President of NVIDIA's Network Division denies any delays in the Spectrum-X Ethernet CPO switch and confirms that mass production and customer delivery will be pushed forward in the second half of 2026.