MRVLMarvellNeutralMarvellGFSGLOBALFOUNDRIESBullishGLOBALFOUNDRIESMPWRMonolithic Power SystemsNeutralMonolithic Power SystemsTSMTSMCNeutralTSMC

1w ago on

$SIVE’s strategic partner, $GFS, reported its results for Q3 2026. The $270M loss is nothing to worry about, as the company continues to develop critical U.S. AI infrastructure. The paper loss is due to a one-time non-cash write-down ($441M) resulting from a stock issuance to U.S. government agencies. Operationally, the business is at its peak: a record gross margin of 31.4%, revenue of $1.9B, and net income of $298M. The fundamental shift lies in the evolution of the business model: - Partnership with $TSM ($2B): localizing in the U.S. the production of scarce silicon interposers for CoWoS packaging. - U.S.–Japan initiative ($21 B): managing two new fabs on a commission basis — a smooth transition to an asset-light model without overburdening its own CapEx. - Expansion into AI: contracts for silicon photonics with $MRVL and power management chips with $MPWR. GFS is evolving beyond the status of a mature contract foundry, transforming into a geopolitically secure AI asset with a dividend yield ($0.12 per share). This is a positive factor in building the fundamentals for SIVE’s scaling.

MRVLMarvellBullishMarvellLITELumentum Holdings Inc.NeutralLumentum Holdings Inc.

1w ago on

My take on the $MRVL and $LITE deal? Remember when Jensen Huang said that Marvell would be the next company to reach a $1T valuation? Well, the all-stock acquisition of Lumentum is exactly that move. There’s not a single reason why MRVL stands to lose from this deal. But there are 100 reasons why this is the most important move in the competition for a bigger slice of the AI market pie. Matthew Murphy, congratulations—you’ve won an important battle. And this deal took virtually everyone by surprise.

NeutralMRVLMarvellMarvellLITELumentum Holdings Inc.Lumentum Holdings Inc.

1w ago on

$POET has appointed a new CFO. And Thomas Miku has finally been fired. He is the very person who may be the reason $MRVL is buying $LITE today, when it could have gone ahead with its planned acquisition of POET. As a reminder, on April 27, MRVL severed ties with POET, including canceling orders with Celestial AI. And it was precisely Miku’s video interview on April 21 that was the most likely cause of the "breach of confidentiality" in the relationship between the companies. Today, Giovanni M. Pacelli has been appointed as the new CFO. I don’t know him personally, but it’s known that he previously worked at Silicon Labs. And since Silicon Labs has a market capitalization of $7.4B and its stock has risen 70% since the start of the year, I’m hopeful that the new CFO will act as a good-luck charm and help kickstart a new phase of growth for POET.

NeutralMRVLMarvellMarvellAVGOBroadcomBroadcomLITELumentum Holdings Inc.Lumentum Holdings Inc.

1w ago on

How much will $SIVE be worth if, for example, $AVGO wants to buy it out? My thoughts are prompted by the potential acquisition of $LITE by $MRVL, which will affect the entire market for independent InP lasers. It makes no sense to value SIVE based on its current revenue ($28.7M) — Broadcom will be buying security for its multibillion-dollar ASIC and CPO business, gaining 3–4 years’ head start on building its own factory. By the end of 2027, the InP100 program will bring SIVE to a production capacity of 100+ million CW lasers per year, generating up to $240–$285M in potential revenue from the Wireless segment in 2028. Bringing laser production in-house will save AVGO $120–$160M in annual EBITDA. And the sale of the non-core Wireless division ($350–$450M), in classic Hock Tan style, will reduce the net transaction cost to ~$1.4B. Given industry multiples of 7.5x–8.5x EV/Sales (2028), SIVE’s fair M&A valuation is at least $1.80–$2.42B ($5.64–$7.58 per share). This represents a premium of 171%–264% over the current market price. What do you think: is such a deal possible? And if so, will Sivers agree to a buyout or choose to grow organically during the CPO supercycle?

NeutralMRVLMarvellMarvellLITELumentum Holdings Inc.Lumentum Holdings Inc.

1w ago on

In December 2025, in an article I wrote for @SeekingAlpha, I analyzed a potential acquisition of $POET by $MRVL. In May 2026, that idea was shot down, but today everyone is talking about a potential acquisition of market leader $LITE. But the potential acquisition of LITE by MRVL is a game-changer in the photonics sector, directly reinforcing my investment thesis on POET. Scaling custom AI chips is impossible without energy-efficient optical interconnects. And MRVL’s move toward LITE confirms the giant’s ambition to monopolize the value chain in data center optics. For POET, this is a powerful catalyst for a revaluation. The company’s optical interposer has already served as the foundation for Celestial AI’s Photonic Fabric platform. With mass production underway and a modest market capitalization of about $1B, POET is becoming a priority M&A target for the final vertical integration of other competitors. In the race for AI infrastructure, big tech is shifting from partnerships to direct acquisitions of unique technologies. Will POET be the next acquisition target? Share your thoughts!