
InP Substrates Emerge as a Supply Risk for AI Optical Communications, With 10%+ Price Hikes and Long-Term Contracts Signaling Tightness
Surging demand from AI data centers has pushed indium phosphide—the substrate material for optical transceivers—into serious short supply. As substrate prices continue to rise sharply, securing stable material supply and passing price increases on to customers will be key for epiwafer makers to protect their margins.








