- Sivers Semiconductors is trading 8.92% up at €3.05 after announcing a $30 million strategic investment on September 3, 2026, to significantly expand its Indium Phosphide (InP) manufacturing facility in Glasgow, Scotland.
- This investment prepares the company for anticipated customer production ramps driven by growing AI datacenter and optical networking demand, aligning with the broader rally in AI-linked chip stocks and SOXX.
- The expanded facility is expected to support annual production of more than 100 million CW DFB lasers and add new process capabilities and automation upon completion in Q4 2027.