**[Serenity: SIVE Fundamentals Are Correct but Mispositioned, Should Be Viewed as Next-Generation High-Growth Global Optical Laser Company]** BlockBeats News, August 30 — Following SIVE's financial report, Serenity published an article systematically analyzing its optimistic outlook for the 2027–2028 optical interconnect and CPO ramp-up logic. **Pluggable module segment:** JBL has confirmed 1.6T LRO orders for the first half of 2027, with ramp-up in the second half, potentially serving multiple hyperscale cloud providers. Additionally, three module manufacturers are evaluating, and three others are conducting supply assessments. **Reference design segment:** GlobalFoundries SCALE has confirmed customers, potentially including AMD and other hyperscale cloud providers for CPO. **External light source and optical engine segment:** POET, O-Net, and SemiNex have been confirmed, with AEVA as a potential match. **Optical I/O in 2028:** Ayar Labs has confirmed potential connections with AMD, Alchip, hyperscale cloud provider ASICs, and NVIDIA NVLink. Marvell Celestial, Lightmatter, and Lightelligence are listed as potential customers. Concurrently, Apple may have next-generation wearable projects related to TFLN. Serenity cited Goldman Sachs data indicating that the total addressable market for CPO will grow from near-zero to approximately $91 billion by 2028. Morgan Stanley has already listed Sivers alongside LITE and COHR as key laser suppliers for CPO. However, Serenity's criticism of SIVE is equally sharp. The company has failed to clearly communicate the economic scale of the optical ramp-up in 2027–2028 to Western and U.S. institutions. SIVE should position itself as a next-generation high-growth global optical laser company catering to hyperscale cloud providers, rather than allowing its narrative to be dominated by "small current revenue and ongoing losses" rearview metrics. SIVE should be viewed as a high-elasticity target for the 2027–2028 1.6T and CPO optical transition. [Original Link]