Member Info for AWAVE

Below is watch list based my industry understanding, If you guys have any watch list in semiconductor. Please post here if you feel comfortable.

Ambarella --> DSP IP

Astera --> retimer

Credo --> AEC cable commodity

Si time --> Clock buffer,VCO , clock Generator , {Oscillator} {various type of Analogue chip required on green board)

Silicon lab --> AI edge (less conviction)

Semtech --> AEC cable commodity (CDR , TIA , Transceiver)

Synaptics --> display link portfolio ( however their SoC still require better Low power architecture to reduce heat on SoC for AI edge application)

PS: currently , I do not find any opportunities in fabless semi which is tempting. may be my thinking skewed towards hardware first then software.

Appreciate Blueraphus!!

I have question to you. *Answer of your would be definitely one of the opinion.

1> When Alphawave agreed to acquire of opensilicon in 2022, why market did not took positively , same during Banias labs in Oct-2022.

2> when chatgpt 3 goes viral early 2023, market also not took it exuberantly? (Before Daniel fiasco)

3> When stocks like credo/Astera labs were popping up in 2024, stock price of Alphawave was still waiting to go up (high was some where 162 during mid 20224)

I know : above each and every time line, sceptics were raising their doubt in this forum. But only few of sticked to this company.

Why Investors were so meek ?

My rational to invest in this stock was:

It might follow the feet of Inphi in short time.(Inphi took 2002-2019). Second, Company created really good products in short time (Precise ITC enhace IP portfolio).

Thanks in advance,

I was just doing rough calculation on = number of stock * (price/stock) (might be wrong in calculation for sure) but please anybody help to understand this press release impact on end of April if deal fell through.

Yeah , we can only wait.

In Semi Industry, Qualcomm is notorious for putting offer to entertain competitor. If QCOMAwave is serious then Why Alphawave need to to press release 1 month before?

If dead fell through, another >~£200M of stock equity will float in market? (As per RNS published today)

Its difficult to believe. will it happen or not?

seems a story like Aquantia corp. acquisition by Marvell at low price.

Https://www.youtube.com/watch?v=i1etrn0rsfY&ab_channel=HOTI-HotInterconnectsSymposium

Generally in semiconductor industry , its difficult to tap out the chip on time. I have never come across any project which finished on time. minimum it take 6 month delay. which propelled by architecture change/RTL integration/Verification/ New node technology setting from foundry/Test guy, Firmware guy and Packaging to get froze.

Hence I was wary about LPO products of Banias which was from scratch.

Now Korean Semi, I also feel same.

because after tape out of chip , they boot the chip by writing firmware, testing of yield and so forth take another 1 year.

Then it go to production.

It would take time to get on production.

Its long story and depends on how product fit compare to long standing companies such AVGO/MRVL who are incumbent with their strength in supply chain with pluggable transceiver market.

However, there are always room for new companies to make handsome amount of bucks.

I think 1 year is still optimistic view.

My guess is it take them to 2026 second half to get on constant flow of revenue from LPO ( Dec 2025)as well as SoC (from Opensilicon).

I think till second half of 2025, companies revenue come from IP products.

####

The question I have on bookings,

they show the booking in quarterly results , but when that booking convert to revenue? because every booking diminish with the production after every production.

75 million share on 740milioon (~10%)

2.5% will issue reagarding warrants (Banias labs), will it issue?

$45 m debt loan means issue of equity less likely?

As Woopert says, all new shares issued since the IPO (nearly 75 million shares) have gone into the employee share scheme.

##################-----> ESOP: 75million shares , approximately

Hi BlueRaphus

I would like to know the cost of employee stock, how much new equity they issue since the acquisition of opensilicon , then after banias labs.

How much percentage they are gonna issue new equity.

Second, how much percentage exec/top management hold equity?

I think its really required to know this. I would like to know plain vanilla market cap with out exec holding.

Its like marvell story are playing out in stocks and Inphi stories in engineering side with additional sandbagging of opensilicon.

How to listen , I have missed in morning.

CXL/PCIe: both are open standard protocol. UAlinks will be used in same as NVlink for connecting GPU. UAlink will be open standard unlike NVlink.( genesis would be PCIe in base (tweak pcie to perform like NVlink).

Ultra ethernet consortium has done same to keep open standard Ethernet alive versus Infiniband.

CXL/PCIe cant be replaced as of now.

on AWE perspective, looks like they are currently doing R&D on PCIe 7.0 next generation.

Hi BlueRaphus/Semi interested/All,

Any one has idea about the LPO product which they are gonna launch in FY-24 (IP got from Banias lab).

Thanks in advance