🟢 Sivers Semiconductors is trading 10.62% up today after $30 million Glasgow indium-phosphide expansion announcement

Sivers Semiconductors is trading 10.62% up now at $3.23 as investors continue responding to the September 3 announcement of a $30 million expansion of its Glasgow, Scotland, indium-phosphide manufacturing facility.

• The project targets anticipated AI-datacenter and optical-networking demand.
• It is expected to support annual production exceeding 100 million CW DFB lasers.
• The expansion is scheduled to become operational in the fourth quarter of 2027.