[Analysis: NVIDIA's CPO Growth Exceeds Expectations, Lumentum Expected to Benefit] Odaily Planet Daily reports that GF Securities stated NVIDIA's co-packaged optics (CPO) horizontal expansion is progressing faster than expected, which should be favorable for supplier Lumentum. GF maintains a 'Buy' rating for Lumentum. According to GF data, Lumentum's estimated revenue from CPO and near-packaged optics (NPO) is expected to achieve significant year-over-year acceleration between 2027 and 2028. In 2027, Lumentum is projected to generate $427 million in CPO laser revenue and $501 million in NPO laser revenue. By 2028, this forecast expands to $750 million for CPO and $2.55 billion for NPO.