CPO eligible XPUs
100K
10% of 1.00M XPUs
Jason's Chips
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Convert accelerator shipments into scale-out ports, CPO switch boxes, external laser sources, optical engines, high-power CW laser chips, and optical-stack revenue.
CPO eligible XPUs
100K
10% of 1.00M XPUs
Active scale-out ports
200K
2.00 active ports / XPU
CPO switch boxes
1.9K
1,563 leaf boxes x 1.20
ELS modules
33.8K
18.0 ELS / switch
High-power CW lasers
270K
8 CW chips / ELS
Optical stack revenue
$267M
$91.3M source revenue at selected share
Unit bridge
CPO XPUs
100K
Attach-filtered base
Scale-out ports
200K
0.8T each
Switch boxes
1.9K
1.20x leaf + spine
ELS + OEs
33.8K / 135K
4.00 OE / ELS blended
Bandwidth
Scale-up contribution
Revenue bridge
$267M
| Category | Units | ASP | Revenue | % of stack |
|---|---|---|---|---|
| CPO switch / package premium | 1.9K | $60.0K | $113M | 42% |
| External laser source modules | 33.8K | $2.5K | $84.4M | 32% |
| High-power CW laser chips | 270K | $85 | $23.0M | 9% |
| Optical engine content | 135K | $300 | $40.5M | 15% |
| FAU and optical attach | 135K | $45 | $6.1M | 2% |
Sensitivity analysis
| Adoption \ ELS / switch | 14.0 | 16.0 | 18.0 base | 20.0 | 22.0 |
|---|---|---|---|---|---|
| 0% | $0 | $0 | $0 | $0 | $0 |
| 5% | $116M | $125M | $133M | $142M | $151M |
| 10% base | $232M | $249M | $267M | $284M | $301M |
| 15% | $348M | $374M | $400M | $425M | $451M |
| 20% | $464M | $499M | $533M | $567M | $601M |
This grid isolates the two most important swing variables for the scale-out CPO revenue bridge: how much of the XPU base attaches to CPO, and how many ELS modules each CPO switch box requires.