"2nm optics" sounds exotic, but the 2nm is mostly in the DSP > The real message behind “2nm optical” is less about the photonics itself and more about $MRVL’s DSP/SerDes capability. > Moving coherent/PAM4 DSP into 2nm while still hitting 400G/lane-class performance and aggressive power-per-bit targets is the important part. > It highlights that $MRVL’s moat in AI optical connectivity is not just photonics, but also the DSP behind it.

If a new/exotic technology is competing with capital, capital almost always wins. New/exotic tech needs to be SIGNIFICANTLY better than the existing solution. In the context of components within communication systems, that typically means noise performance.