Sivers Semiconductors AB (publ) is trading 11% down at SEK 97.45 as the stock undergoes a natural correction following a massive 60% rally in the previous session.
- The recent volatility follows a significant price spike linked to a newly announced strategic collaboration with GlobalFoundries focused on AI-related applications.
- Analysts attribute the current decline to profit taking and market adjustment following a directed share issue that increased the company's total share count.
- Despite the intraday drop, the company maintains strong momentum driven by its positioning in the AI sector and recent positive index inclusion interest.