Everyone’s focused on the next $LITE move, which is fair… but I think people are missing the bigger picture here
$SIVE’s lasers aren’t just part of the hyperscaler roadmap — they’re already designed in. Names like $MRVL and $JBL aren’t going to swap those out anytime soon.
At around a \~$430M market cap, with the whole 1.6T transceiver + CPO ramp still early?
That doesn’t really look like fair value to me
Feels more like the market just hasn’t caught up yet
Big money might still be sleeping on it because it’s listed in Sweden. If/when that changes and volume starts picking up, this could easily become a core AI infrastructure play
