May 4, 2026
Photonics Empire II: $700B Capex Confirmed — Time to Rewrite the Allocation?
Five weeks ago I ranked 8 photonics companies. Last night, Mag-7 Q1 2026 raised combined 2026 capex to $695-725B. 7 of 8 names unchanged in ranking, 1 trimmed (LITE short-term), 2 internal weight tweaks — but conviction in every name went up.