Fabrinet is expected to report Q3 revenue of $1.19 billion and non-GAAP EPS of $3.58, with its current share price of $621.28 trading below the $661.75 analyst consensus target.
Investors are primarily focused on the scaling of high-performance computing (HPC) revenue and the company's ability to maintain its leadership in 800G optical interconnect manufacturing.
The company has recently faced supply chain bottlenecks for Datacom lasers and ASICs, which may temper near-term growth despite explosive demand for AI infrastructure. Analysts are also looking for updates on the 2 million square foot facility expansion in Thailand, which is critical for supporting long-term volume ramps for hyperscale AI customers.