Analysts upgraded Sivers Semiconductors (SIVEF) to a Buy rating following a 78% decline in its stock price. The upgrade cites a more favorable valuation and significantly improved liquidity.
The company raised approximately SEK 700 million to eliminate all interest-bearing debt. This strategic move strengthens the firm's cash runway and addresses previous funding concerns.
Sivers is investing USD 30 million to expand its European photonics manufacturing facility in Scotland. This expansion positions the company to meet rising demand from artificial intelligence datacenters.
The photonics division expects a significant revenue ramp starting in the second half of 2027. This growth trajectory aligns with the continued expansion of the global AI sector.