Sivers Semiconductors is trading now at $4.40, up 5.77%, after announcing a $3.4 million program with SemiNex for next-generation InP light sources targeting AI data-center interconnects.
- The company disclosed warrant exercises and a proposed Sivers Photonics transaction, adding corporate activity around its photonics business.
- Broader semiconductor strength is providing additional support as AI infrastructure demand concerns ease.
- The move follows a volatile recent trading period.