1Inphi Proprietary

Inphi Moves Big Data Faster

Inphi Corporate Update

August 4, 2020

2Inphi Proprietary

Safe Harbor Statement and Non-GAAP Financial Measures

3Inphi Proprietary

Inphi Corporate Presentation

4Inphi Proprietary

Inphi Overview

5Inphi Proprietary

Inphi at a Glance

Notes:1. As of June 2020, pro forma for eSilicon acquisition which closed January 10, 2020. Employee count excludes contractors2. 5% of total FY19 revenue is related to legacy business, including older framers, macro products for telecom and others, not shown here

Founded in

2000

Employees (1)

1,000+(~85% in engineering)

Differentiated IP (1)

857 Patents

FY2019 Revenue

$366MM

FY2019 Operating Income

$77MM

Cloud Business

56% of total FY19 revenue

PAM Connectivity and Data Center Interconnect (DCI)

Telecom Business

39% of total FY19 revenue

Coherent DSP, TiA, Driver, 5G

Differentiate with broadband linear amplification and higher order modulation opto-electronic solutions

Core competence in high-speed analog, DSP, TiA, Driver, optics, packaging

Critical enabler for high bandwidth solutions offered by cloud partners

Serving Cloud and Telecom customers and markets(2)

Focus on Optical and Networking Physical Layer Solutions

Global Leader in High-Speed Data Movement Interconnects

6Inphi Proprietary

Inphi is the “Bandwidth Business” Leader

Addresses significant opportunity in bandwidth requirements for cloud and telecom/5G infrastructure

Multi-billion dollar TAM in data movement interconnects

Delivers differentiated products with long life cycles and strong gross margins

Experienced management team with proven track record of operational excellence

Focuses on complex high-speed analog ICs, digital signal processors, and related opto-electronics with significant barriers to entry

Sells directly to large top-tier customers that are at the forefront of the digital economy

Strong top line growth and operating margins, with focus on cash flow generation

1

2

3

7

5

4

6

7Inphi Proprietary and Confidential

Inphi Global Locations: Support Customers and Attract Talent

Inphi HQ:Santa Clara, CA

Design CentersUSA: Irvine, Santa Clara, Westlake Village

Canada: Ottawa, VancouverArgentina: Cordoba

Europe: Barcelona, Bucharest, Hanover, Northampton, Pavia

Asia-Pacific: Ho Chi Minh City, Singapore

Sales & SupportUSA: Austin, Boston, Chicago, Folsom, Raleigh,

Santa Clara, Westlake VillageEurope: Berlin, Munich

Asia-Pacific: Beijing, Hsinchu, Shanghai, Shenzhen, Tokyo, Wuhan

OperationsUSA: Santa Clara,

Westlake Village

Asia-Pacific: Hsinchu, Penang, Shenzhen, Singapore

Worldwide Offices in North America, Asia-Pacific, Europe

8Inphi Proprietary

Social

5G Wireless

Cloud

Mixed, Virtual, Augmented Reality

Artificial Intelligence

New Media / Video

e-Commerce

IoT

▲44% (1)CAGR: ‘16–’21Cisco Visual

Networking Index 2017

CAGR: ‘15–’20Cisco IoT White

Paper 2015

▲33% (8)

CAGR: ‘14–’19Cisco Visual

Networking Index 2015

▲33% (6)

CAGR: ‘19–’23eMarketer 2018

▲13% (5)

CAGR: ‘17–’22BCC Research 2018

▲17% (7)CAGR: ‘20–’28Research and Markets 2020

▲ 77% (2)

CAGR: ‘18–’23IDC 2019

▲37% (4)

CAGR: ‘17–’22IDC 2018

▲70% (3)

Multiple Trends Fuel Exponential Data and Traffic Growth

Data and Traffic

Notes:1. SD-WAN traffic, including in the cloud, expected to

grow at a CAGR of 44% (‘16-’21)2. Global 5G wireless market expected to grow at a

CAGR of 77% (‘20-’28)3. Worldwide spending on AR and VR products

expected to grow at a CAGR of 70% (‘17-’22). 4. Worldwide IT spending on AI software and software

platforms expected to grow at a CAGR of 37% (‘18-’23).

5. Video ad spending expected to grow at a CAGR of 13% (‘19-’23).

6. Global internet video traffic expected to grow at a CAGR of 33% (‘14-’19).

7. Global e-commerce market expected to grow at a CAGR of 17% (‘17-’22).

8. The number of computing devices in the IoT expected to grow at a CAGR of 33% (‘15-’20).

9Inphi Proprietary

Electronic Payment

New Virtual Experiences

Work from Home

Security

Telemedicine & Virtual Fitness

Shopping, Food, Meal Delivery

Play from Home

SOURCE: Zoom

▲2,000%+

SOURCE: CNN▲50%

SOURCE: CNBC Verizon

▲75%

SOURCE: Facebook▲50%

SOURCE: Teledoc

▲100%+

SOURCE: FierceWireless▲35%

CAGR data from various industry sources & Inphi estimates

COVID-19 Trends, April 2020 Socialize & Learn from Home

Stream from Home

SOURCE: GlobalWedIndex

▲52%

SOURCE: Sensor Tower

▲322%

62% rateSOURCE: Thomson Reuters; Ipsos

See Inphi Blog: https://www.inphi.com/bandwidth-in-the-age-of-covid-19/

Data and Traffic

10Inphi Proprietary

COVID-19 Bandwidth Constraint Positively Impacting Infrastructure

Cloud capex growth in 2020 should outpace

2019’s 3% growth Six months of expected demand in four weeks

US fixed network usage rose 20-35%

Mobile traffic volumes are up 40%

Increased 2020 capex guidance $500M

Up 775% in Cloud related Services CDN Traffic up 30%

M/M in March 2020; more than doubled Y/Y

Cloud IT Infra Spend should grow 3.6% in 2020 vs 2.1% in 2019

Daytime home internet usage up 60% while the

evening is up 20%

See Inphi Blog: https://www.inphi.com/bandwidth-in-the-age-of-covid-19/

11Inphi Proprietary

Historical Global Internet Traffic and Reported Spike due to COVID-19

Dot.comCollapsed

Financial Crisis

Internet 1.0

Internet 2.0

Internet 3.0

See Inphi Blog: https://www.inphi.com/the-rise-of-internet-3-0/

12Inphi Proprietary

Explosion of Data and Traffic Drives Optical Market

$400M $1.2B$400M

Source: Light Counting, June 2018

Sales of Optical Interconnects ($M)

13Inphi Proprietary

Inphi Products and Technology

14Inphi Proprietary

Inphi Leads in Physical Layer Data Movement for Cloud and Telecom Customers

Analog, DSP, Optics

Processing

Storage

Networking

Switching,Routing, NIC

CPU, GPU, AI

Physical Layer

Storage, Memory

15Inphi Proprietary

Inphi Leads in Physical Layer Offerings across Multiple MarketsTelecom

Long Haul / Metro5G / Access / Cable

CloudInside Data Centers Between Data Centers

Coherent DSP, TiA, Driver

PAM DSP, TiA, Driver

DWDM Optical Module

Silicon PhotonicsRetimers, Gearbox

16Inphi Proprietary

Low PowerHigh Performance

Long Reach

Fast Time-to-market

Competitive Cost

Dedicated Customer Support

Best Quality

Inphi Provides Complete Electro-Optics PHY Platform for Customer Success

PAM DSPCoherent DSP

SiPhoor

Partner Optics

DriverTiA

Physical Layer Platform

17Inphi Proprietary

Higher Order Modulation = More Data, Higher Density, More Cost Effective Optics

Analog NRZ

1X

PAM 4 DSP

2X

Encoding

Inside DC / 5G

Coherent DSP8X for 16QAM

ZR / Long Haul-Metro

1980-2018 2019-2029

(2 bits/symbol)

(4 bits/symbol, dual polarization)

18Inphi Proprietary

Inphi = Faster, Better, Cheaper Physical Layer

Physical Layer Higher Order Modulation

More Data

Faster SpeedsHigher Frequencies

Complete PlatformTiA + Driver + DSP + SiPho

Longer ReachDSP + FEC

More Cost EffectiveDSP + Optical Platform

Higher DensitySilicon Photonics

Lower PowerDSP + SiPho +

Advanced CMOS

19Inphi Proprietary

Grow PAM Inside DC + 5G, Coherent Between DC + Long-Haul/Metro

Next Gen Coherent 800G DSP

PAM early adoption, COLORZ 100G

Canopus 400G DSP

M200 200G DSP, 28, 32 & 45 Gbaud TiA/Driver

64 & 96 Gbaud TiA/Driver

PAM production ramp, PAM retimer, 5G start

PAM mainstream, 400G ZR ramp, 5G ramp

400G ZR+, 128 Gbaud TiA/Driver

PAM next gen, 400G ZR mainstream

Coherent

PAM

2019

20Inphi Proprietary

Inphi Awards and Innovation

21Inphi Proprietary

Inphi Recognized for Excellence: 22 New Awards for Quality & Technology in 2017-2020

Fujitsu

2015

ECN ImpactNeoPhotonics

SumitomoHuawei FiberHome

Cisco LightWave InnovationSumitomo Electronics Device Innovation (SEDI)

20152013

Best Partner

Quad Linear Driver

PAM4

2015

Excellence in Emerging Technology

Innolight

2015

COLORZ

COLORZ®

2018

16nm Polaris™PAM4

Platform

2017

2017 20182017 2017

2017 20172018

Best Delivery

2018 2017

Hisense

2019

Innovation

2018

Supplier of the Year

2019

Distinguished Partner

TechnicalAdvancement

2019

Porrima™PAM4

Platform

2019

H3C

Best Cooperation

OutstandingContribution

20192019

Supplier of the Year

COLORZ II

20202015

Canopus

2013-2016

Supplier of the Year

Porrima Gen2PAM4

Platform

2014 20162018

Best Delivery

Best Quality Company

Core Partner Excellence

22Inphi Proprietary

200140G Differential Driver

Modulator Driver+

40G TIA

200928G Coherent TIA

+28 Gbps Differential Modulator Driver

201228G CMOS SERDES

+32G Linear

Modulator Driver

201445G Linear

Modulator Driver +

45G Coherent TIA +

PAM

2016COLORZ for 80km DWDM

+SiPho Platform for 100G Data Center

+Shipped 1M 100G

Coherent Amplifiers & Drivers+

64G Coherent TIA+

Lowest Power CDR+

400G CFP8 Platform(28nm PAM DSP / Driver / TIA)

2015Smallest Form Factor

+SMT Linear Driver

+PAM 4

201764G Coherent Driver

+28G EML Linear Driver

+Polaris Platform

(16nm PAM DSP / Driver / TiA)+

M200 Low power Coherent DSP for Metro & Long Haul

+VegaTM DSP

16nm Retimer & Gearbox for LineCards

2018Porrima Platform

(Porrima 100/400G DSP + Driver + TiA)+

28G MMF Linear TiA + VCSEL Driver+

56G TiA & Driver+

CFEC Adopted as OIF ZR Standard

History of Delivering Leading Edge Products

2019Porrima 400G PAM4 Production

+Porrima Gen2 with Integrated CMOS Driver

+56G TiA & Driver

2020SpicaTM First 7nm 800G PAM4 DSP

+Porrima Gen3 Single-Lambda PAM4 platform

+CanopusTM First 7nm Coherent DSP

100/200/300/400G+

COLORZ II First 400ZR QSFP-DD Transceiver+

CapellaTM 7nm 56G SerDes

23Inphi Proprietary

Market, Acquisitions, Team, Culture, Financials

24Inphi Proprietary

Large Total Addressable Market (TAM)

Millions of 10 /40 / 50 / 100 / 200 / 400 / 600G Ports

Source: Inphi Estimates based on various market data

$4 Billion Interconnect TAM in 2022

100s Ks Ports10s Ks COLORZ Ports 100s Ks Coherent

ZR/ZR+Ports

Millions of PAM Ports 500K Ports

Coherent > 40kmPAM < 40km

TelecomLong Haul / Metro5G / Access / Cable

CloudInside Data Centers Between Data Centers

25Inphi Proprietary

49% 44% 37% 39% 40%51%

56% 63%

61%

60%

2018 2019 2020 2021 2022

$500

$894$1165

$2010

$3008Served Available Market, SAM ($M)

Telecom

DC

SAM grows 6X from ‘18 to ‘22, faster than TAM growth

SAM Grows Faster than TAM by Increasing Exposure to Cloud Customers

Source: Inphi Estimates based on various market data

26Inphi Proprietary

Scaling our Strategic Development Resources in One Year

Architecture RTL Design

Verification Emulation

QA Automation Software

Over 300 Employees: Custom Silicon, FPGA, Firmware, Advanced Packaging

Strong Strategic Fit…

Best Quality

PAM SerDes

2.5D Packaging

Custom Silicon

DSP

TiA, Driver

Silicon Photonics

World Class Operations at Scale

27Inphi Proprietary

Arrive Experienced Engineering Team Allows Resourcing New Projects

Architecture RTL Design Verification Emulation Validation Software

Arrive Supports Full Product Lifecycle

Complementary Customer FootprintIn Cloud and Telecom

28Inphi Proprietary

History of Successful Integration of Multiple Acquisitions

October 2014Acquisition of Cortina Systems

January 2020

Acquisition of eSilicon

December 2016

Acquisition of ClariPhyCommunications

2014 20202016

May 2020

Acquisition of Arrive

August 2016

Sale of Memory Buffer and Memory Register

Business

Focused on Evolving into One EPIC Culture

29Inphi Proprietary

Position Background

John Edmunds CFO

Loi Nguyen Founder, Sr. VP, Optical Interconnect

Radha Nagarajan CTO & SVP, Platforms

Ron Torten CIO & SVP of Operations

Oscar Agazzi VP Engineering, Coherent DSP

Ford Tamer President and CEO

Lawrence Tse SVP of Engineering

Eric Hayes SVP, Networking Interconnect

Charlie Roach SVP, Worldwide Sales

Nariman Yousefi SVP, Coherent DSP

Strong Leadership Team

30Inphi Proprietary

Culture:ThinkEPIC

Execution

People

Innovation

Customers

P

E

I

C

31Inphi Proprietary

EPIC Culture Is How We Run Inphi

CUSTOMERSCommitted to their successLong trusting partnerships

INNOVATIONCulture of entrepreneurship and new ideasPassionate about leading-edge products

PEOPLEEmpowered employee baseEmbrace open communication and respect

EXECUTIONPush limits of timely high quality productsTeam collaboration

C

I

P

E

▪ We are dedicated to our customers and committed to their success.▪ We develop long term trusting business partnerships with our customers.

• We foster an environment where entrepreneurship and new ideas are encouraged.• We focus on building the business and creating impact in our markets. • We are passionate about creating leading edge products in Data Center, Communication,

and Computing.

• We push the envelope to deliver high quality products on time.• We are one team collaborating towards a common goal. • We are responsible for each others success not just our own.• We communicate, debate, decide, plan, and commit.

• We are empowered and are accountable to each other in making the best decisions for the company.• We embrace open communication and treat each other with respect.• We are committed to develop our people to prepare them to meet new challenges. • We recognize employees for their extraordinary efforts in support of innovation, execution,

and customers.

32Inphi Proprietary

2019 Marks a Return to Revenue Growth

$35 $43

$100

$193

$266

$348

$294

$366

$315

2012* 2013* 2014* 2015* 2016* 2017 2018 2019 1H 2020

Inphi Revenue ($M)

*Pro forma. Non-GAAP, adjusted for discontinued operations of the sale of the Memory Business

33Inphi Proprietary

Solid Financial Model

Non-GAAPQ2’19 Q1’20 Q2’20

Gross Margin 70.1% 64.2% 64.1%

R&D 40.2% 31.0% 28.3%

SG&A 10.8% 8.7% 7.1%

Op. Margin 19.1% 24.5% 28.7%

Effective Tax Rate 3.7% 6.3% (2.0%)

Net Income 19.2% 22.6% 29.1%

34Inphi Proprietary

Core Competence in high-speed analog, DSP and optics

Broad process technology with complex package design

Clear technology differentiation with higher order modulation

Market leader in next-generation 100G-1T products

Complete platform for low-power optical and networking interconnects

Strong customer relationships and ecosystem partnerships

Why We Win

35Inphi Proprietary

PAM Inside Data Centers, DCI Edge Solutions Between Data Centers

Cloud Market:

The Data Center is the Computer®&

The Cloud is the Network®

36Inphi Proprietary

Cloud Leadership Inside DCs with PAM DSP, TiA, and Driver

The Data Center is the Computer

37Inphi Proprietary

Inside Data Center 100G+ Port Count

LightCounting: LC Ethernet Forecast, September 2018

-

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

2016 2017 2018 2019 2020 2021 2022 2023

100/200/400GbE Port Count

38Inphi Proprietary

-

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Inphi Addresses the Fastest Growth 200G/400G segment

Ethernet Switch / Optical Port Ramp by Speed

LightCounting: LC Ethernet Forecast, July 2019

10GSFP+

40GQSFP+ 100G

QSFP28

10G

100G

200G/400G

40G

200/400GQSFPDD/OSFP

123% CAGR 2019-2024

39Inphi Proprietary

Inphi Commercializes PAM4 Technology and Continues To Innovate!

1st PAM4 Silicon28nm

Polaris1st 200G PAM4 DSP

4x50G to 4x50G16nm

Porrima1st 400G PAM4 DSP8x50G to 4x100G

16nm

Capella 112G LR IP

7nm

SpicaWorld’s 1st 800G DSP

8x100G to 8x100G7nm

Porrima 2nd GENPorrima + Int. Driver

8x50G to 4x100G16nm

VegaAny Line Any Rate

PAM4 FEC Gearbox Retimer

16nm

March2016

August2015

Porrima3rd GENWith Int. Driver

7nm

March2020

January2020

September2019

Syrma™ 1G to 56G LR IP

7nm

March2018

August2017

March2017

February2019

Invent 100G COLORZ4x25G to 2x50GPAM4 Module

40Inphi Proprietary

Spica – World’s First 800Gb PAM 4 DSP

41Inphi Proprietary

PAM4 DSP Solutions for Optical Module

2017

2018

2020

Make History with

1st 50Gbps Host to 50Gbps PAM4 DSP

1st 50Gbps to 100Gbps PAM4 DSP

1st 100Gbps to 100Gbps PAM4 DSP

42Inphi Proprietary

2019

2018

2020

OSFP

QSFP-DD

World’s 1st 400Gbps DSP100G / Wavelength

Industry Leading PAM4 DSP100G / Wavelength

Integrated Laser Driver

New 7nm PAM4 DSPExpanded Feature Set

Reduced Power and Lower TCO

Enabling 400G Optical Modules for Hyperscale Data Center &

Cloud Networks

Continued Execution Excellence with Third Generation Porrima PAM4 DSP

43Inphi Proprietary

Ethernet Networking Need 800G Spica for 25.6Tb/s Switching in 1RU

32 x 40GE

32 x 100GE

32 x 400GE

32 x 800GE

25.6TSwitch

12.8TSwitch

3.2TSwitch

1.28TSwitch

40G QSFP+Host: 10G NRZOptical Lane: 4

100G QSFP28Host: 25G NRZOptical Lane: 4

400G OSFP/QSFP-DDHost: 50G PAM4Optical Lane: 8With Polaris

400G QSFP-DDHost: 50G PAM4Optical Lane: 4With Porrima

800G OSFP/QSFP-DDHost: 100G PAM4Optical Lane: 8With Spica

2012 2014 2017 2020

44Inphi Proprietary

Inside Data Centers: Distances, Speeds Drive Transition to DSPs

Flexible reach with Fiber and CopperCost Effective DSP-based PAM4 Optical Interconnects

Source: Corning

Mega-Scale Data Centers

2m to 2km connections

45Inphi Proprietary

Inphi PAM DSP Drives Inside Data Center Connectivity

Driving Front Panel & Backplane

Leading the Market: PAM DSP / FEC / SerDes

Enabling Custom Silicon / ASICInside Optical Modules

46Inphi Proprietary

Inphi PAM4 DSPs Lead the Inside DC Interconnect Market

Highest Performance PAM4 DSP

Integrated EML/VCSEL/SiPho

Drivers

10G-400G Backplane Retimer

IEEE FEC/PCS

50/100/200/400/800G QSFP-DD / OSFP

Optics

Platform Solutions with TiA/Driver for VCSEL,

DML, EML, SiPho

47Inphi Proprietary

Inphi Delivers Multiple Generations of PAM4 DSP

28nm

16nm

7nm

Multiple Generations

25GNRZI/F

50GPAM4

I/F

28Gbaud Optics

Host ASIC25G NRZ

I/O

Optical Module

PAM4 DSP

50GPAM4I/F

50GPAM4

I/F

28Gbaud Optics

Host ASIC50G PAM4

I/O

Optical Module

50GPAM4I/F

100GPAM4

I/F

56Gbaud Optics

Host ASIC50G PAM4 I/O

Optical Module

100GPAM4I/F

100GPAM4

I/F

56Gbaud Optics

Host ASIC100G PAM4I/O

Optical Module

PAM4 DSP

PAM4 DSP

PAM4 DSP

COLORZ

Polaris

Porrima

Spica

48Inphi Proprietary

Cloud Leadership Between DCs with Silicon Photonics, DCI Edge Solutions

The Cloud is the Network

49Inphi Proprietary

Data Center Moving Towards Distributed Architecture

Distributed Metro Data Center

DWDM Bandwidth (<120km)

Peta

bit/s

5 year CAGR: 55%

0

140

Source: Cignal AI 2019 & Inphi Estimates 2019

50Inphi Proprietary

Traditional Data Center Interconnects

Data Center 1 Data Center 2

InternetInternet

TOR Switch

Edge SwitchEdge Switch

TOR Switch

ServerServer

Core Switch/Router Core Switch/Router

Transport Transport

Long Haul DWDM Transport Network

51Inphi Proprietary

The Rise of the New ZR Data Center Interconnects (DCI)

Data Center 1 Data Center 2

TOR Switch

Edge SwitchEdge Switch

TOR Switch

ServerServer

Core Switch/Router Core Switch/Router

Connecting edge switches

Connecting routers

52Inphi Proprietary

Coherent DWDM

400G FR4

400G FR4

400G FR4

400G FR4

Eliminates 2 Gray Modules & Box “Shrinks” DCI Box Layer into Pluggable

Module

Switch/Router

COLORZ II Benefits – Reinventing DCI with Lowest Cost & Power, Higher Density

BEFORE

Coherent DWDM400G FR4

Switch/Router

NOW

COLORZ II 400ZR

53Inphi Proprietary

Microsoft is Very Clear on the Benefits of COLORZ

Mark Russinovich, CTO, Azure, Microsoft Ignite 2017

54Inphi Proprietary

Silicon Photonics Enables Robust Platform Solution, Lower Power, Higher Density

Inphi COLORZ Leading Volume Shipments for 100G IP over DWDM

Source: Cignal AI & Inphi estimates April 2020

2019 DCI Market Share by Port Count

2016 2017 2018 2019

Cumulative COLORZ Unit Shipments

100k

Industry first QSFP28 DWDM optical module

COLORZ Surpasses Significant Milestone Of 100K Units Shipped

OpticsSilicon Photonics

Analog

Linear Driver and TIA

DSP

PAM DSP, High Speed SERDES

Quality

Validation and Manufacturability

29%34%

55Inphi Proprietary

Pluggable Optics Enable Low Cost IP over DWDM

2010 2014 2016 2019

Inphi COLORZ100G QSFP28

PAM DWDM

OTN Transport

Source: Inphi estimates

Switch & Router Pluggable Optics enable IP over DWDM

“DCI Box”

COLORZ II400ZR QSFP-DD

Coherent DWDM

56Inphi Proprietary

DCI – Campus5km, ZR-

DCI – Edge120km, ZR

DCI – Metro/Long Haul120km ~ 3,000km, ZR+

5G Backhaul/Core, ZR

BBU

5G

5G

5G

5G Midhaul, Anyhaul, ZRRRH

Expanding DCI … With ZR+ and ZR-

Cable,Access

57Inphi Proprietary

Coherent DSP, Coherent TiA and Driver

Telecom Market (including 5G & Cloud Between DCs):

58Inphi Proprietary

440

980

2018 2022

Inphi Coherent DSP, TiA, Driver Lead Telecom in Going Back to Growth

New Products + Markets/Customers + Increased Share

Coherent DSP 64G TiAs, Drivers

Line Card Customers Module Customers Optical SubsystemCustomers

Company Data and Research Estimates, July 2019

100G+ Port Shipments22% CAGR 2018-2022

59Inphi Proprietary

Telecom: Leadership in Coherent DSP

60Inphi Proprietary

Canopus and M200 Coherent DSP Lead with Highest Performance

Differentiates withhighest performance

Low power technology

EnablesCFP DCO, CFP2 DCO,

MSA, Line Cards

Framer & encryption integrated

Strategic partner for leading system OEM

customers

61Inphi Proprietary

Application: Metro/LH/DCI/Access/Cable Modules: CFP2-DCO, QSFP-DD, OSFP Low power modes: ZR/ZR+ High performance modes: Metro/Long Haul Supports industry interoperability Broad ecosystem

Canopus: Industry’s First DSP Enabling 400G Coherent Pluggables

7nm CMOS Probabilistic shaping 100/200/300/400Gbps Ultra low power Encryption integrated Supports 1000’s km

62Inphi Proprietary

Canopus First to Enable: 400G ZR/ZR+ in QSFP-DD and OSFP

Application: ZR, ZR+ for DCIData rate: 100/200/300/400GReach: 40kms – 1000’s kms

400G QSFP-DD/OSFP

Coherent line card density 14.4Tbits per RUSwitch/Routers

Cost saving more than 50% Power saving more than 75%

Compared to current generation

Cloud Operators “DCI”

63Inphi Proprietary

Canopus First to Enable: 100/200/300/400G in CFP2-DCO

Application: Metro / Long HaulProbabilistic shaping ~ 2dB gain

High performance

Multi-Rate CFP2 DCO

DSP power saving more than 75%Flexible pluggable – pay as you grow

Flexible 100-400G wavelengthOTN/Ethernet

Optical Transport Platforms

Transport, Metro/LH

64Inphi Proprietary

Long Haul / Metro100km-2000km

DCI120km

Inphi Coherent DSP Expands Telecom Markets

Cable Networks100km

5G40-200km

Highest BW efficiency

DSP PHY removes Fiber Chromatic Dispersion

Works on existing Fiber Infrastructure

Only viable technology for 40km-10,000km

Coherent TechnologyEnabled by DSP

65Inphi Proprietary

Telecom: Leadership in Coherent TiA/Driver

66Inphi Proprietary

Inphi Supports Customer Transition to Disruptive New Encoding

NRZ

2006 2010 2014 2019

QPSK 16QAM 64QAM

TiA

Driver Limiting Limiting

Linear LinearLimiting Linear

Linear Linear

Encoding 6X2X 4X1X

67Inphi Proprietary

0.0

1.0

2.0

3.0

4.0

5.0

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 YTD

5.7M Coherent Units Shipped > All Competitors Combined

Industry First 200G Driver

Industry Smallest SMT 100G Driver

Industry First 100G TiA

Coherent TiA/Driver Cumulative Shipments (M Units)

Industry First 400G/600G Driver

Industry First 400G/600G TiA

All references relate to coherent TiA/driver

Industry First Smallest Bare Die 400/600G Driver

Industry Leading Bare Die 800G TIAs and Drivers

68Inphi Proprietary

PAM Platform Enable 100m to 40km with Reduced Optical Components

100m 500m/2km 10km 40km

PAM

Driver

Analog NRZ

1X Encoding

PAM 4 DSP2X

2019-20291980-2018

TIA

Polaris

VCSEL Driver

Quad TIA

200G SR4400G SR8

100G DR1/FR1400G DR4/FR4

Porrima

DML/EML/Sipho Driver DML/EML Driver

50G LR1400G LR8/LR4

50G ER1

Polaris/Porrima

EML Driver

Polaris

Single/Quad TIA Single/Quad TIA Single TIA

69Inphi Proprietary

Inphi Moves Big Data Faster