Sivers Semiconductors is trading 7.57% up now at $2.43 after announcing a USD 30 million expansion of its Glasgow photonics facility to support AI datacenter and optical-networking demand.
- Secured a SEK 120 million 5G millimeter-wave chipset order from a European satellite communications customer, following a previous SEK 300 million contract.
- Broader market gains may be providing additional support.