Customer ExpansionThe company continues to land-and-expand with customers including Amazon, Ciena, and Cisco, leading to significant revenue-driven upside to estimates.
Growth PotentialThe Amazon HPC business is expected to be a key driver of potential growth, with Amazon likely to become a significant customer for Fabrinet.
Market PositioningFabrinet has a unique positioning as a leader in optical packaging and manufacturing services, leading to a solid track record of outperforming market growth.