Sivers Semiconductors Reshuffles Financial Calendar as Nasdaq Ambitions and a $1.5M Wireless Deal Converge

Swedish chipmaker Sivers Semiconductors delays annual report for US accounting compliance as it weighs a Nasdaq listing, while securing a $1.5M deal with Tachyon Networks for 60GHz FWA transceivers.

Sivers Semiconductors is navigating a pivotal stretch, juggling a potential move to Wall Street with a fresh contract win in the wireless arena. The Swedish chip developer has confirmed it is evaluating a secondary listing on the Nasdaq, a strategic shift that is already forcing changes to its corporate timetable.

The company's annual report for the past fiscal year will now land on May 15, delayed from its original schedule as auditors work to align the books with stringent US accounting standards. That compliance step is a prerequisite for any New York debut. The first-quarter earnings will follow shortly after, on May 20. An extraordinary general meeting is also slated for May 11, where shareholders will vote on a proposed directed share issue.

Meanwhile, Sivers has secured a $1.5 million development partnership with Tachyon Networks, expanding an existing collaboration. The deal centers on a new 60-gigahertz transceiver aimed at the fixed-wireless-access (FWA) market, a segment where telecom operators are deploying high-speed internet without the expense of fiber-optic cables. For Sivers, the wireless business built around 5G millimeter-wave technology is becoming an increasingly important revenue driver.

The company's optical business is also gaining traction. Sivers produces specialized laser arrays for optical systems that address data transmission bottlenecks in AI data centers. A key milestone here is the partnership with contract manufacturer Jabil to develop an ultra-fast optical transceiver, a move that takes the technology from the lab toward mass production. Industry observers have flagged potential structural supply constraints for these components.

The annual general meeting has been pushed back to June 15, where investors will be looking for concrete details on the timeline for a possible Nasdaq listing. The stock closed on Friday at 43.52 Swedish kronor.