Larry รีทวีตแล้ว
Larry
12 posts
Larry รีทวีตแล้ว
Larry รีทวีตแล้ว
Larry รีทวีตแล้ว
EFN reports that ~50% of Sivers Semiconductors is now held by "new investors", primarily through CBNY, Charles Schwab, Interactive Brokers, and Clearstream. Combined value: ~8 billion SEK.
efn.se/investerarna-s…
It is framed as these investors are driving this on speculation. Yes maybe, that is of course possible. Or is there another angle?
My take, SEK8B..what? Hence my reaction would probably be the opposite, this could be worth investigating: What thesis are these allocators actually trading? Is it pure speculation with SEK 8B in play? Who sits on these SEK8B?
EFN however have asked "Richard Schatz, senior researcher in photonics at RISE Research Institutes of Sweden and former consultant for Sivers", for his opinion about Sivers.
So what did Mr. Richard Schatz say:
"There are several companies that manufacture these kinds of lasers, and Sivers is far from alone. I don't understand why the company has become so hyped. There are many players, not just in Europe and the US, but also in China," says Schatz.
Honestly I have been COO and CEO at Sivers for almost 10 years 2015-2024 (2015 we had 18 headcount I known everyone in the Company until 2024) and also ask Board members that was in the board many years before me, both for Sivers and former CST Global (Sivers Photonics today) and none of them can recollect Mr. Schatz. I also sent an email, asking the reporter that interviewed Mr S and asked when he claims to have been a consultant at Sivers. Without reply. This doesn't really matter, it is just shows where the digging stops.
Sivers Semiconductors is one of a handful of merchant InP laser suppliers globally. They have disclosed partnerships with POET Technologies, Jabil (1.6T LRO), O-Net, Ayar Labs and operate in the External Light Source category that scale-up CPO architectures depend on.
Either are all these US investors dramatically wrong about the photonics layer of AI infrastructure, or the institutional allocators routing through US brokerages have identified what most Swedish investors haven't yet. Maybe this is worth investigating which? To be 100% clear no one knows (not even me), who has the right hypothesis, that we might know in 2028-2030 time frame.
To help anyone intressted, I made this free and open substack to explain how the money flows. As they said in Washington follow the money...
This article also gives insight to how Swedish retail trades in the stack via Avanza.
andersstorm.substack.com/p/the-ai-inter…
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Larry รีทวีตแล้ว
Many people read the Sivers $SIVE/GlobalFoundries $GFS PR and see "AI optics."
I see something more: GF's SCALE platform is explicitly positioned as a CPO solution for OCI (Optical Scale-Up Initiative), whose founding members are: NVIDIA, AMD, Broadcom, Meta, Microsoft, OpenAI
Hennce, Sivers $SIVE just became the first publicly named laser partner integrated into SCALE reference designs. GF CPO solution for OCI. SCALE is the Industry First MSA capable CPO platform.
OCI drives the transition from 800G EMLs to 1.6T/3.2T SiPh + CW laser architectures, this partnership hence is highly strategically important.
Not just a partnership announcement, it is an ecosystem announcement.
"Sivers’ laser arrays will also be available in GF’s Silicon Photonics Co-packaged Advanced Light Engine (SCALE™) platform for next-generation optical sub-assemblies and light engine architectures":
sivers-semiconductors.com/press/sivers-g…
"Optical Scale-up Consortium Established to Create an Open Specification for AI Infrastructure Led by Founding Members AMD, Broadcom, Meta, Microsoft, NVIDIA and OpenAI"
businesswire.com/news/home/2026…
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Larry รีทวีตแล้ว
Larry รีทวีตแล้ว
