# Nomura

> Markdown twin of https://roboterminal.app/companies/nomura · https://roboterminal.app/companies/nomura.md

## On shared sources

- [Coherent](https://roboterminal.app/companies/coherent) (4)
- [Lumentum](https://roboterminal.app/companies/lumentum) (4)
- [NVIDIA](https://roboterminal.app/companies/nvidia) (4)
- [Applied Optoelectronics](https://roboterminal.app/companies/applied-optoelectronics) (3)
- [Google](https://roboterminal.app/companies/google) (3)
- [Micron](https://roboterminal.app/companies/micron) (3)
- [Amazon](https://roboterminal.app/companies/amazon) (2)
- [Broadcom](https://roboterminal.app/companies/broadcom) (2)
- [CoreWeave](https://roboterminal.app/companies/coreweave) (2)
- [Marvell](https://roboterminal.app/companies/marvell) (2)
- [Meta](https://roboterminal.app/companies/meta) (2)
- [Microsoft](https://roboterminal.app/companies/microsoft) (2)
- [SK hynix](https://roboterminal.app/companies/sk-hynix) (2)
- [Anthropic](https://roboterminal.app/companies/anthropic) (1)
- [ASML](https://roboterminal.app/companies/asml) (1)
- [AXT](https://roboterminal.app/companies/axt) (1)
- [Ciena](https://roboterminal.app/companies/ciena) (1)
- [Gartner](https://roboterminal.app/companies/gartner) (1)
- [Nebius](https://roboterminal.app/companies/nebius) (1)
- [OpenAI](https://roboterminal.app/companies/openai) (1)
- [Oracle](https://roboterminal.app/companies/oracle) (1)
- [Samsung](https://roboterminal.app/companies/samsung) (1)
- [SanDisk](https://roboterminal.app/companies/sandisk) (1)
- [SpaceX](https://roboterminal.app/companies/spacex) (1)
- [Sumitomo Electric](https://roboterminal.app/companies/sumitomo-electric) (1)
- [TSMC](https://roboterminal.app/companies/tsmc) (1)
- [Vertiv](https://roboterminal.app/companies/vertiv) (1)
- [Wafer](https://roboterminal.app/companies/wafer) (1)

## Pulse

- [@pequityresearch on X](https://x.com/pequityresearch/status/2112922859538444376)
  Nomura: global data center power usage by application $NVDA $AMD $VRT $GOOGL $MSFT $META $AMZN
- [@ren_stocks on X](https://x.com/ren_stocks/status/2112621239307002341)
  $MU $SNDK $SKHY $NBIS Nomura’s memory team just put out a really interesting note on the AI scare, the numbers underneath are some of the strongest I’ve seen in this drawdown. Nomura sees AI going fro…
- [@pequityresearch on X](https://x.com/pequityresearch/status/2112550655000813697)
  Nomura: data center capacity to expand to 74GW in 2028F, up from 26GW in 2025. Of the 74GW, 48.5GW coming from the US big tech. $SPCX $ORCL $CRWV $META $MSFT $AMZN $GOOGL
- [@pequityresearch on X](https://x.com/pequityresearch/status/2112514166997323984)
  Nomura: Sumitomo Electric is on track to secure Nvidia's qualification for ultra-high-power CPO lasers in FY27 before scaling in 2H28.
- [@pequityresearch on X](https://x.com/pequityresearch/status/2111095064663654568)
  Nomura: supply chain for optical devices $COHR $LITE $AAOI $NVDA $CIEN $GOOGL
- [@pequityresearch on X](https://x.com/pequityresearch/status/2110402752400810214)
  Nomura: China WFE TAM by different product category
- [@pequityresearch on X](https://x.com/pequityresearch/status/2109044552988586346)
  Nomura: 1.6T transceiver BOM cost breakdown DSP/MCU/CDR lead with 27% of the BOM cost, followed by 200G EML/LD chip at 26%. $LITE $COHR $MRVL $AAOI $AVGO
- [@pequityresearch on X](https://x.com/pequityresearch/status/2109000009438142551)
  Nomura: based on our estimates, optical lasers/chips, DSP, TIA/driver chips, and PD chips could make up 66%~72% of BOM costs of 800G EML/SiPh transceivers or 1.6T EML/SiPh transceivers. $LITE $COHR $A…
- [@pequityresearch on X](https://x.com/pequityresearch/status/2108621767036338221)
  Nomura: We estimate China overall WFE market size will grow 27% to $55.4 billion in 2026F, and to reach $103.5 billion in 2030F. The cumulative WFE spending will total $407.3 billion during 2026-30F, …
- [@pequityresearch on X](https://x.com/pequityresearch/status/2108259631273558524)
  Nomura: total CPO OE shipments are estimated at 2.0 million units in 2027F, scaling significantly to 22.5 million units in 2028F. $NVDA $AVGO $TSM $MRVL
- [@pequityresearch on X](https://x.com/pequityresearch/status/2099141299194515869)
  Nomura: EML & CW material and equipment value chain $AXTI $COHR $LITE $ASML $AMAT $LRCX
- [@pequityresearch on X](https://x.com/pequityresearch/status/2098414509576634399)
  Nomura: According to the "FAU Industry Research Report" released by the C&C Industry Research, the demand for FAUs used in data center optical interconnect is estimated at 160mn units in 2026E, with t…
- [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2097683883647266920)
  This is WILD! Nomura thinks memory becomes a $3.7 trillion market by 2030, bigger than the entire semiconductor industry is today. The chart shows that the global memory revenue goes from $185 billion…
- [@pequityresearch on X](https://x.com/pequityresearch/status/2097671865997406495)
  Nomura has global memory revenue reaching ~$3.7 trillion in 2030 with 83% of it coming from data centers. More than 3.5x in revenue from 2026F. $MU $DRAM $SNDK $SKHY $EWY $DISK https://t.co/aTXN8qFj55
- [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2097334258629259750)
  The biggest memory cycle in 45 years is only getting started (Save this). Every prior peak on this chart came from a demand event that ended, whether that was the Iraq war build, the cloud capex boom …

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Source: Roboterminal · https://roboterminal.app/companies/nomura.md