Anders Storm

Let's dig deeper in the photonics AI landscape. What is InP? The real bottleneck in AI isn’t compute anymore, it’s InP lasers! At the center of that shift sits one material most investors still have not heard about: However $SIVE $LITE $COHR is in the middle of it. Indium Phosphide (InP) → Enables 800G, 1.6T, 3.2T optical links → Critical for co-packaged optics (CPO) → Already a supply bottleneck across the industry NVIDIA just validated this with multi-$B investments into optical supply chains. This is not optional infrastructure. It’s the next scaling limit. Hennce I wrote a deep dive on: • Why InP is important • Why silicon photonics depends on it • Who actually wins (LITE, COHR, Sivers) Full post below andersstorm.substack.com/p/why-indium-p…⁠

So why are you caring more for those that can be burnt, than the possible opportunity to make them winners? Does that make you better person? Or is this just classic Swedish mentality? Talking about a positive outcome in Sweden is "Pumping" and negative is "caring". I am genuinely interested in what you think? Since that can explain the media view as well.

@CryptoHafuya @StormDirac Haha, nope. No — I discovered Sivers when it was trading around 7 SEK and have been trading it since. I’m happy for the opportunity it’s given, but I think a lot of people could get badly burned in this stock.

$SIVE closed early for holiday at SEK 38,0 - 13.00 today CET. US $SIVEF closed at $4.78 = SEK 44,1 that is a difference of 16% SIVE will be closed tomorrow as well.

Absolut, inget är klart tills det är klart. Börsen har alltid titta framåt. Och just nu är bolaget i en fas där marknaden värderar upp alla dessa möjligheter (även för alla andra bolag inom framför allt AI Photonics) och ser en ramp komma inom många områden. Tex nedan som delades nyligen. Som jag ser det är det så börsen fungerar du bettar innan och har rätt eller fel och vinner eller förlorar. Väntar du på att alla orders är inne så missar man tåget. Det är så det fungerar, det jag gör är att visa vad som är möjligheterna och risker med dessa. Tex Chip qualification och yiled frågor som är en stor risk. Men med stor risk kan stor regarded eller loss komma. Man får göra sin egen analys. Men att klaga utan analys det tycker jag inte riktigt håller.

@StormDirac Alltid kul när svensk teknik lyckas, problemet är väl bara att de inte lyckats fullt ut ännu utan har höga omkostnader, sammarbetet med jabil är ju just väl ett sammarbete i startfas? inga garanterade volymer? inget kontrakt med fast intäkt? ingen bekräftad kund i slutändan?

Yes, I am just hoping that someone serious also in Sweden would take a real look to understand more, not just look at the surface, the Norwegian tech fund did obviously and came to thier conclusion. I would at least put some time into understand, could I have missed something? Who would benefit from these $1 trillion? Why have stocks in US that are downstream in the same $1 trillion market, been going up 500-1600% over the last year, before $SIVE was rediscovered (was it discovered because of that or is it a Gamestop?). I am not even saying they are wrong, just that maybe they should take a look. Can LiDAR, AI Photonics, SATCOM, 5G/6G and DoD have potential in 2030 accumulat for example $400m in sales or not? Is that viable? Can the company deliver? Why are SIVE fabless, will partners like GlobalFoundries and WIN Semiconductors be able to deliver? Is that like drop shipping? Our would it requires much more resources or can a +130 (200 maybe in 4 years) company do that? Look at the fact instead of trying to chase head-lines. Is this a Swedish gem or something else? I would at least do the research 🤔. Start looking bottoms up..for example 5000 SATCOM terminals in 2030 (is that possible?) x 1800 chip x chip price...could that be +$50m per year? Could the CPO and Pluggables market in 2030 with a projected +$70B TAM on component level down stream generate $200-250m in sales for InP lasers? Is that possible or not? Do the research and comeback with a bear and a bull case. I don't know what it will be in the end, but I think with secured customers like Jabil, Ayar labs, AllSpace (now aquired by York $YSS), Ericsson (6G), Raytheon (DoD), Lidar ramping with mgmt estimate up to $138m in sales over 8 years. Sum it all up and see if it's possible? Which are the big risk still? Maybe chip qualification and yield (gross margins?), do the work be honest. 🤞. Good speed!

@StormDirac It’s sad and make you wonder what the real agenda is.

"Teknikjättarnas AI-investeringar spås nå 1.000 miljarder dollar nästa år" Translation: "Tech giants' AI investments projected to reach $1 trillion next year" This is Swedish no.1. finance newspaper, that at the same time have been warning us all in 9 out of 10 headlines, to stay away from one of the few down streaming AI Stocks we have in 🇸🇪. Interesting dynamics ❤️. di.se/live/teknikjat…

@dpinsen @aleabitoreddit Can't comment on SIVE specifically, however any serious mgmt is always focused on building the business for success. Then, sometimes that leads M&A, however that shall never be the focus.

@StormDirac @aleabitoreddit Do you think current management will look to be acquired or stay independent?

Fun fact: don’t think any large US institution had positions in $SIVE / $SIVEF since it was a majority owned local Swedish retail stock. There’s also fund mandates preventing US funds from entering (eg. Nasdaq listing / $1B MC) That’s definitely changed now thanks to European media shaking out the local holders, Sivers upcoming NASDAQ listing, and hitting $1B+ MC. Again $1.3B is literal spare change for hyperscalers and US institutions. And I have high confidence many would want exposure to CPO, silicon photonics and lasers, since there’s only a few in the entire world like $LITE, $COHR, and $MTSI. Especially… a CHIPS Act laser supplier likely in $AMD, $MRVL, $AAPL, Lightmatter, Ayar, AlChip, GUC, O-Net and other supply chains like the Golden Dome. Part of it is game theory for share accumulation. Since US/Western retail now owns a large part of the float (off of the Swedish sellers). And US institutions now want exposure.

Yes, it was a challenge to get funding, especially for Semiconductors in a country were the biggest design/ development was done by companies inhouse, big names like $ERIC for example, they very rarely brought that up with Investors, so Semiconductors is quite unknown here in a broader sense. However that created a great talent pool to recruit from.

@StormDirac Yep! But it's good for the company to new larger US institution backing so $SIVE can unlock more capital for capex/R&D/acquisitions and revenue acceleration. I did appreciate how well management handled execution despite limited funding (relative to US companies).

@CryptoHafuya @Illskan 100%

@StormDirac @Illskan He’s probably down bad on his short

Kan tycka att dela information som enskild medborgare är inte pump, jag säger inte bra eller dåligt lyfter fram fakta, då det nu finns 100.000 tals intresserad utanför Sverige. Där emot att etablerad media helt utan att kolla på AI marknaden eller bolaget, fortsätter med rubrik efter rubrik (se bild från DI nedan). Det är något du borde ta upp som dump och inte ge dig på mig. Att sitta bakom ett anon konto och säga dessa saker är värt noll, våga stå för vem du är eller så kanske du evt vara del av blankarna som för söker dumpa, då är trovärdighet liten.

@StormDirac Ungefär när känner du att det går till överdrift med haussiga inlägg gällande Sivers? Nog för att bolaget är spännande men det känns lite för mycket pump.

@PerDahlstrm @michael_rigoni It's to cold to wear shorts in Sweden 🇸🇪...😉

@michael_rigoni @StormDirac We love it, but I guess the shorts (6%) hate it… 😄

@curiosito26 @aleabitoreddit SIVEF is OTC only used of you can trade SIVE, they shall catch up fairly well over time.

@aleabitoreddit @StormDirac Une question si tu veux bien y repondre: Est ce qu il vaut mieu passer sur $sivef ou peut on rester sur $Sive. la hausse se répercutera sur les deux de la meme maniere. Merci. Je pense recharger mais j hesite un peu. Ne sachant s il faut attendre la cotation nasdaq ou ...

If you’re curious why $SIVEF is up even more today. $SIVE, as a CHIPS act recipient: Now likely powers the Golden Dome. As the upstream semi supplier since Sivers’ lead customer ALLSPACE got acquired by $YSS. York happens to be a national defense prime contractor with links to the Space Force, Space Development Agency, DoD, and Golden Dome. So Sivers, a mini Swedish company, basically got a backdoor to powering the US space buildout.

I’m long Win Semi (3105.TWO) Win Semi just printed one of the best Q1s in years and I don’t hear much talk about it. EPS up 30x YoY. Revenue +28% YoY. Q2 guidance up 14-16% QoQ. And that’s with capacity utilization still only at 60%. The two growth engines going forward: Optical Communications and LEO Satellites. AI data center revenue expected to more than double this year. Optical PD products entering mass production in Q2 with significant ramp in H2. 4-inch InP line capacity expanding by multiples this year to meet demand. Now here’s why this matters to $SIVE holders specifically. Win Semi is the confirmed outsourced manufacturing partner for Sivers’ DFB lasers and laser arrays – scaling high-volume production for CWDM and DWDM applications, CPO and next-generation optical interconnects. When $SIVE scales, Win Semi scales with it. They’re a foundry that is embedded in the same photonics supply chain feeding AI data centers and LEO satellites. This is why I love betting on ecosystems rather than single stocks. Disclosure: I own this stock since @aleabitoreddit called it back in March. It has been one of my favorite stocks on the Taiwanese exchange to add on any macro drop.

.@YorkSpaceSystem (NYSE: $YSS) acquires ALL.SPACE to expand its resilient, multi-orbit satellite communications platform for defense and commercial missions. prismmarketview.com/york-space-sys…

@DanielFloo9v4s The aquestion will make a difference

@StormDirac $YSS Thank you sir, completely agree. Hardly anyone is talking about this on X yet… and that’s exactly when the biggest moves usually start. I am in. Also $SIVE holder from the start 😉

Breaking news: 💥 "York Space Systems to Acquire ALL.SPACE, Strengthening Assured, Multi-Domain Communications for Critical Missions" all.pulse.ly/p7nbmbzcj3

@aleabitoreddit Agree super interesting acretiv aquestion, that will help Allspace as well as increase net sales and margin for $YSS

@DanielFloo9v4s I think with Allspace it might be a great growth stock, with improving gross margins high Met sales growth. Have entered a small Tracking position.

@StormDirac Do you like $YSS? @StormDirac

No changes, I see it as positive, more capital, deeper DoD connections. AllSpace = advanced multi-orbit antennas York = satellite platform / buses → Together = end-to-end space infrastructure We’re seeing the same pattern everywhere now: AI → vertical integration (chips → systems) Space → antennas + satellites + network Control the stack = capture the value

@StormDirac If I am not wrong All space is one of the customer of SIVE.. would there by any change in that?

@realshelly_2 🙏

@StormDirac Go Sweden!! 🫶

For all our none Swedish people, not use to Stockholm Nasdaq. Opening hours: today Thursday half day and tomorrow Friday closed. Happy long weekend everyone.