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Redeye comments on the recently announced USD155m fundraising by Ayar Labs, a key partner of Sivers Semiconductors within the photonics space. The funding round includes investments from notable existing shareholders like NVIDIA, Intel Capital, and AMD Ventures and new strategic and financial backers such as Advent Global Opportunities and Light Street Capital. We view this as a positive development, reinforcing optical interconnect solutions’ strategic importance and growth potential for AI infrastructure. Redeye reiterates its estimates and fair value range
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