A Light Update

Goog, Lite, CLS, Flex, and two big moves in the last 24 hours

The photonics feeding frenzy continues. Google and Substack(!) seemingly responsible for some big moves over the last five days. Two names were stand outs, up more than 15% in 24 hours.

LITE 0.00%↑ is up 17.5% over five days. FundaAI claims a lot of interest over the weekend and over 2,000 readers of their report since publication on 18 Nov.

CLS 0.00%↑ up ~12% over the last 5 days, also identified by FundaAI as a “core TPU company” but with a richer valuation.

FLEX 0.00%↑ doing one better, up 19%, also part of the TPU complex but not named as a beneficiary in FundaAI’s report. The move likely attributable to the three presentations at conferences over the last week. Relatively little discussion on Twitter so we will pick up some of the slack going forward.

However, arguably the biggest winners in the last 24 hours are two names up more than 15%…