Alphawave Ip Share Discussion Threads

[m w] 23/1/2024 10:55

Some of us bought at IPO so 270 is still a long way off

[gregmorg] 23/1/2024 09:52

I see Jefferies made a positive recommendation on Alphawave. Nice target price for this year etc -we will see although certainly won’t complain!

[zam1] 22/1/2024 16:15

Hold for long term growth AI good future growth prospects.

[casholaa] 22/1/2024 14:29

Rinse & repeat.

[valhamos] 22/1/2024 09:10

Stated to be still in line for 2023 with previously stated expectations - revenue $340 -$360m with adjusted EBITDA of 25% revenue. This morning's jump suggests shareholders were still nervous about the company's ability to execute.

If these recent higher margin IP and custom silicon bookings flow through to a much higher bottom line profit in 2024 then we are off to the races. And revenue still to come from Connectivity Products Group (Banias) is the icing on the cake.

Also a potential $500m revenue still to come from 2025 onwards -

"The combined custom silicon design wins in 2023 will support our mid- and long-term revenue targets as we start to generate revenue from the production phase. These wins currently have a potential lifetime revenue from silicon production of approximately US$500m which is not yet reflected in our bookings or backlog. The first silicon production orders are expected in 2025 which is when they will start contributing to revenue."

[johnrxx99] 22/1/2024 08:25

Certainly did the trick for now.

[sharetalk] 22/1/2024 08:23

Looking positive again.

[lawson27] 22/1/2024 08:23

Nice update, onwards and upwards, GLA

[fastbuck] 18/1/2024 11:54

TSMC beats expectations according to CNBC today. Q/Q growth of 14% sales.'Looking for a healthy 2024 with ramp up of 3 nanometer technologies, strong growth for 5 nanometer and robust AI demand' Wei, CEO

[valhamos] 27/12/2023 16:52

Indiestsu - re IQE wafer, I don't know - not my area. I do know co-packaged optics and the development of silicon photonics is a big sector with lots of players as data centre design is continually reaching the buffers with existing transceivers.

[dividevil] 27/12/2023 16:52

No, IQE are specialists in advanced compound semiconductor wafer manufacturing. Their wafers are used in wireless, optoelectronic, electronic and solar devices. Their wafers are not currently used in the data centre or other AI associated infrastructure and are unlikely to do so in the near future.

[valhamos] 27/12/2023 16:32

These are the major AI chip players at the moment:



Alphawave provide connectivity IP and physical design for interface sub-systems on a SOC design or chiplet configuration. High speed connectivity is very critical in AI and high performance computing because of the amount of data being moved around.

[indiestu] 27/12/2023 16:27

Do you think there is a connection with IQE's 6" InP DFB Laser Platform. Is this the material that the fabs will ultimately need to cut the chips in the quantities required to supply the AI networking infrastructure using AWE's IP?

[dividevil] 27/12/2023 16:16

Yes in a nutshell, although strictly they are a fabless semiconductor company. They are essentially the world leading specialists in high speed connectivity solutions and in addition to offering a range of standard connectivity IP solutions, also offer customised solutions tailored to their customers needs.

[indiestu] 27/12/2023 15:49

Thanks. So they make the chips that run the data centres that allow the AI to talk and scale?

[indiestu] 27/12/2023 15:21

Do this lot do AI chips?

[valhamos] 19/12/2023 21:35

224G SerDes at AWE

[valhamos] 18/12/2023 14:04

Alphawave Semi and Keysight demonstrated interoperability between Alphawave Semi’s PCIe 6.0 64 GT/s Subsystem (PHY and Controller) Device and Keysight PCIe 6.0 64 GT/s Protocol Exerciser.



Good to see two of my investments working together!

[trader465] 04/12/2023 13:18

Why would it rise and fall with Credo? AWE YTD +2.5%, CRDO YTD +46%. It clearly hasn’t risen and fallen with it 🤷‍a94;️

[stallone10] 04/12/2023 13:08

Watch Credo this should rise and fall with it.

[valhamos] 01/12/2023 17:40

Seems to be on the rebound after a few weak hands have left.

Amazon have released updates to the Graviton and Trainium chips and I believe Amazon is a core customer for AWE for SerDes chiplet interconnects for these chips.

[valhamos] 24/10/2023 08:21

All seems pretty much on track.

"In Q3 2023 we licenced our 3nm 112G SerDes IP to a leading European telecommunications business and to a North American hyperscaler. These design wins reflect the increased market momentum of leading-edge connectivity and chiplet architectures."

"In Q3 2023, we won an advanced node custom silicon design win with a leading semiconductor device company incorporating our 112G SerDes technology. In addition, during early Q4 2023, we received a design award for a next generation chiplet-based AI part, with a view to execute a definitive agreement during the quarter. As a result of this design award, Alphawave Semi will replace a long-standing semiconductor vendor, a reflection of the strength of our connectivity technology and custom silicon offering."

[pugugly] 24/10/2023 07:37

Q3 2023 Trading and Business Update - Market seems to have anticipated hence recent share price weakness.

[dividevil] 19/10/2023 16:41

Market did not like the H1 interim results. They saw profit move to loss, A reduction in the adjusted EBITDA margin to 17%, an increase in net debt and breach of the debt covenant to maintain FCCR above 1.25 forcing the company to negotiate a waiver and period for recovery of the FCCR back above 1.25.That combined with the recent rise from the AI fervour gave the market opportunity to take profits now and hence the fall.In reality, from company perspective, there were several large one-off payments related to recent M&A activity and expenditure costs to develop the connectivity products ready by 2024. These will reduce going forward. They also argued that EBITDA margin will improve in H2 as bookings consist of higher profit margin sales. Hence they are maintaining their guidance.