GLOBALFOUNDRIES $GFS Q2’26 EARNINGS HIGHLIGHTS Revenue: $1.79B (Est. $1.76B) 💚 +6% YoY Adj. EPS: $0.46 (Est. $0.44) 💚 +10% YoY EBITDA: $587M (Est. $582M) 💚 flat YoY FCF: -$3M (Est. $122M) ❤️ Q3 Guide: Non-IFRS EPS: $0.51 +/- $0.05 (Est. $0.50) Revenue: $1,885M +/- $25M (Est. $1.88B) Most interesting point was optical: 62% YoY growth and 7 New customers. “accelerating customer demand, and revenue growth across our strategic growth drivers, including Optical Networking within the AI data center”

4:05 PM - 3rd of August the well renowned Swedish bussniss magazine Affärsvärlden shares a super negative view on $SIVE 10:09 AM - 4th of August D.E. Shaw is going public on short position. Coincidence? What does X say? Unfortunately for them, share price jumps +42% (26 sek [article publication time] to 37 sek end today), in less than 25 hours. Bad luck 😅...

Today 19:04 Telegram – SIVERS $SIVE $SIVEF CEO VICKRAM VATHULYA BUYS SHARES WORTH SEK 2.6 MILLION STOCKHOLM (Nyhetsbyrån Direkt) – Sivers Semiconductors CEO Vickram Vathulya has purchased 70,000 shares in the technology company for approximately SEK 2.6 million. The information comes from the Swedish Financial Supervisory Authority's (Finansinspektionen) insider transaction reporting. The transaction, which was carried out off-market, took place on Friday, July 17, at a price of USD 3.80 per share. Before the transaction, Vickram Vathulya owned just over 4.4 million shares in Sivers Semiconductors, according to the shareholder data service Holdings. Vilgot Granhag +46 8 5191 7911 Original message in Swedish attached. Seems like an OTC buy in US USD 3.8 last Friday.

Your assumptions are wrong. Win Semiconductors has a InP capacity of 35.000 wafers per year. Assume even a low number 10% of that is 3500 wafers. There are approximately 3000 CW arrays on a wafer, price per Array >$50. At only 10% of this capacity Sivers could sell for more than $500m just for arrays..then you have pluggables, wireless...at 20% capacity...even more. Production qual has been ongoing for sometime, as WIN mgmt confirmed, hence should not be too far away.

$SIVE fell today on an EFN article claiming the photonics chief sold his entire holding — presented as alarming insider panic. Here is what I think the article can have missed. Andrew McKee founded CST now Sivers Photonics in 1999— 27 years ago. He built the photonics business from scratch. Earlier this year Alex McCann appeared publicly as the new MD of Sivers Photonics in April/May communications. McKee moved totechnology role only. His Q1 and Q2 share sales seems to align with this transition and was probably sold (if sold at all in full) parts of it even before share re-rating. My take is that is was done probably with no negative view on the company's prospects. A man monetizing his life's work after almost 30 years of building a company is not insider panic. IMO this is probably more a career ending on his own terms. He deserves it for sure. Even if he sold over 6 months, IMO this is still not a major negative signal. Three things EFN did not check: A) Holdings has known blind spots — transfers to holding companies, ISK structures and family vehicles are not captured. Did anyone verify McKee holds zero shares in any structure? B) One option program was realized in early July. If McKee sold old shares to participate that is not a major negative signal (he is not insider hence would not report sell or buy) — Holdings would not show this yet since it was in early July C) The role change probably happened before most shares was sold, Context matters. Later in the afternoon two board members has publicly shared insider purchases. Todd Thomson — board member, former Citigroup CFO, — bought 535,000 SEK on-market today at 42.80 SEK into the panic. Karin Raj bought 460,000 SEK at 34.68 SEK — the intraday low. Both reported to FI same day. People with more information about the full picture, that also had been part of approving today clarifications around the Q-reports and US Nasdaq listing. Update Vikram CEO have also aquired shares for approximately 1.000.000 SEK Summing up: Journalism created the dip. Insiders bought it. What's X view on today?

@icefrog_sol My experience says that institutional investors will not add this kind of growth capital without a clear plan from the company in the roadshow that must have been done before this direct issue.

Great news with a Direct share issue that was oversubscribed multiple time. What started as a planned SEK 600M (+$61m) raise was upsized to SEK 700M ($73m) thanks to strong institutional investor demand. That's a clear vote of confidence in $SIVE and the ramping within AI photonics, SATCOM and defense. SEK 700M is roughly US$73M in fresh capital, providing even greater financial flexibility to accelerate execution and scale the business. Strong demand. Strong balance sheet. Exciting times ahead. Great work by the Sivers team! Congratulations! $SIVE #AI# #Photonics#