Sivers Semiconductors Slumps 52% in Four Weeks as Nasdaq Dual-Listing Drive Tightens Accounting Grip

Sivers Semiconductors stock crashes 52% as Swedish chipmaker overhauls accounting for US listing; CEO promises long-term growth amid near-term uncertainty.

The Swedish chip developer’s plan to add a U.S. stock exchange listing has triggered an internal accounting overhaul — but on the trading floor, the shares are taking a beating that has wiped out more than half their value in under a month. Sivers Semiconductors closed at €3.50 on the latest session, marking a 52% collapse over the past four weeks and leaving the stock 65% below its 52-week high from early June.

The scale of the sell-off is reflected in extreme technical readings. The annualized volatility has spiked to 224%, while the relative strength index has dropped to 38.4, pushing the equity toward oversold territory. The 50-day moving average now sits at €6.21 — a distant memory for holders — and the 100-day line at €3.69 has already been breached, deepening the bearish tone.

Behind the price rout lies a strategic pivot that management believes will unlock long-term growth. Sivers is preparing a secondary listing on the Nasdaq or NYSE, a move that requires strict compliance with PCAOB auditing standards. To meet those requirements, the company has reshuffled its financial calendar: second-quarter results will be released on 27 August 2026, and third-quarter figures are scheduled for late November. CEO Vickram Vathulya said the extra time is being used to tighten internal controls and align the reporting framework with U.S. regulations, positioning Sivers to tap into the massive capital flows directed at North American semiconductor companies.

The business itself operates in high-demand niches. Sivers supplies specialized photonics and wireless solutions for AI data centers, satellite communications, and defense applications — markets where energy-efficient laser and radio technologies are in strong demand. Yet that fundamental tailwind has done little to stanch the stock’s decline, as investors appear focused on the near-term uncertainty surrounding the US listing timeline and the operational proof required to support the ambition.

All eyes now turn to 27 August. When the Q2 numbers land, management is expected to unveil a concrete timetable for the US market entry. For the stock, the immediate technical challenge is to stabilize after sliding below the €3.69 mark; whether the strategic narrative can finally outweigh the selling pressure will determine if the shares can begin to recover from their steep descent.