One of the biggest long-term questions for $ALAB was... What happens when more AI connections move from copper to optics? That could obviously look like a threat to an electrical connectivity company. But like many of these companies, ALAB is trying to turn it into a much bigger content opportunity. Today, ALAB is best known for electrical connectivity: Things like PCIe retimers, CXL, AECs, Scorpio switches. But as bandwidth keeps increasing, more of those links eventually need to become optical like always talk about. ALAB said "hold my beer". They want to be able to supply a complete optical engine. So the electrical IC + photonics IC + fiber attachment + packaging while still supporting customers that want to use their own photonics. Then also today, Scorpio X connects XPUs primarily through electrical links. Longer term, Astera can optically enable that system with: XPU → Astera optical engine → fiber → Astera optical engine → Scorpio X So one optical link can potentially create Astera content on both ends. Mgmt said the long-term opportunity could reach multiple thousands of dollars per XPU. I don't own shares because like babyfolio ive always had a hardtime with the price. But the story is quite strong