Mar. 16 at 6:10 PM
SIVE is up 73%+ to a
$2.18B market cap but personally, I think this is still the early innings.
My bull case sits at
$10B+, and here’s the reasoning.
$SIVE occupies the CW DFB laser bottleneck for next generation silicon photonics and CPO architectures the same structural position that
$COHR and
$LITE hold in the current EML laser bottleneck for optical transceivers. That comparison isn’t a stretch, it’s a blueprint.
They’re already the laser supplier to Ayar and
$POET, who purchases
$SIVE lasers and packages them into advanced optical interposers with likely more silicon photonics and CPO players in the pipeline.
$NVDA is spearheading the shift toward these next gen photonic architectures, and
$SIVE sits directly in that critical supply chain.
