Following the updated guidance published last week, Alphawave reported a 74% YoY increase in revenue to US$321.7m for FY23 generating adjusted EBITDA of US$62.6m, up 34% YoY. As previewed, bookings in 1Q24 were strong at US$117.9m, up 20% YoY and ahead of guidance. The results release and conference call confirm that revised guidance mainly reflects a more conservative approach to revenue recognition under new CFO, Rahul Mathur, and an acceleration in the pace at which Alphawave is pivoting away...
Alphawave Semi has reduced guidance for FY23 and prospectively citing lower revenues from China, changes in expected revenue recognition from long-term contracts, and continuing investment in R&D. The share price has reacted negatively, giving up most of the gains since the trading statement at the end of January. Current consensus, which is a good match for pre-existing guidance, should be reduced, most likely following release of the FY23 results and full 1Q24 trading update due on 23 April. H...
LONDRES et TORONTO--(BUSINESS WIRE)-- (LSE : AWE), leader mondial des solutions de connectivité et de calcul à haut débit pour l’infrastructure technologique mondiale, a annoncé aujourd’hui sa collaboration avec InnoLight Technology, leader de l’optique pour centres de données, visant à présenter à l’OFC 2024 une démonstration d’optique linéaire enfichable (LPO) à faible consommation d’énergie et à faible latence. Fonctionnant à 64 Gbit par voie, cette démonstration présente le sous-système PCIe 6.0® d’Alphawave Semi (contrôleur + PHY) avec optique OSFP LPO d’InnoLight, éliminant les obstacle...
LONDON & TORONTO--(BUSINESS WIRE)-- (LSE: AWE), a global leader in high-speed connectivity and compute solutions for the world’s technology infrastructure, today announced its collaboration with InnoLight Technology, the leader in data center optics, to bring a low power, low latency linear pluggable optics (LPO) demonstration to OFC 2024. Operating at 64 Gbps per lane, this demonstration showcases Alphawave Semi’s PCIe 6.0® subsystem (Controller + PHY) with InnoLight’s LPO OSFP optics, breaking down barriers to disaggregated networking and enabling connectivity at the datacenter scale. By de...
LONDRES et TORONTO--(BUSINESS WIRE)-- (LSE : AWE), leader mondial des solutions de connectivité et de calcul à haut débit pour l’infrastructure technologique mondiale, a annoncé aujourd’hui le lancement réussi de sa première plateforme silicium de connectivité par chiplets sur le processus 3 nm le plus avancé de TSMC. Ce nouveau sous-système Universal Chiplet Interconnect Express (UCIe™) validé sur silicium élargit le portefeuille et le leadership d’Alphawave Semi dans le domaine du silicium de connectivité. Il ouvre la voie à un écosystème de chiplets robuste et ouvert qui accélère la connec...
LONDON & TORONTO--(BUSINESS WIRE)-- (LSE: AWE), a global leader in high-speed connectivity and compute solutions for the world’s technology infrastructure, today announced the successful bring-up of its first chiplet-connectivity silicon platform on TSMC’s most advanced 3nm process. This new silicon-proven Universal Chiplet Interconnect Express (UCIeTM) subsystem expands Alphawave Semi’s portfolio and leadership in connectivity silicon. It paves the way for a robust, open chiplet ecosystem that accelerates connectivity and compute for high-performance AI systems. An industry-first live demo o...
LONDRES & TORONTO--(BUSINESS WIRE)-- Alphawave IP Group plc (LN : AWE, la « Société » ou « Alphawave Semi »), un leader mondial de la connectivité à haut débit pour l'infrastructure technologique mondiale, a nommé Charlie Roach au poste de Chief Revenue Officer (CRO). Charlie est un cadre commercial très accompli ayant obtenu plus de 20 ans d'expérience au sein de sociétés cotées en bourse dans le secteur des semi-conducteurs et des communications IP. Avant de rejoindre Alphawave Semi, il était vice-président senior des ventes mondiales et du marketing d'entreprise chez Inphi, dirigeant l'ex...
LONDON & TORONTO--(BUSINESS WIRE)-- Alphawave IP Group plc (LN: AWE, the “Company” or “Alphawave Semi”), a global leader in high-speed connectivity for the world’s technology infrastructure, has appointed Charlie Roach as Chief Revenue Officer (CRO). Charlie is a highly accomplished sales executive with over 20 years of experience at publicly traded companies in the semiconductor and IP communication space. Before joining Alphawave Semi, he was Senior VP of Worldwide Sales and Corporate Marketing at Inphi, leading the company’s expansion into new markets such as hyperscaler data centers and ...
TORONTO--(BUSINESS WIRE)-- (LSE : AWE), leader mondial de la connectivité à haut débit pour l'infrastructure technologique mondiale, et , leader mondial des solutions de test et de mesure de protocoles, ont annoncé aujourd'hui leur collaboration en matière de génération, de transmission et de mesure de signaux PCI Express Ⓡ 7.0 lors de la conférence DesignCon à Santa Clara, CA. Ce communiqué de presse contient des éléments multimédias. Voir le communiqué complet ici : Ce lancement est l'aboutissement des efforts de collaboration entre Alphawave Semi et Teledyne LeCroy, avec des résultats qu...
TORONTO--(BUSINESS WIRE)-- (LSE: AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, and , the worldwide leader in protocol test and measurement solutions, today announced the unveiling of PCI ExpressⓇ 7.0 signal generation, transmission, and measurement collaboration at DesignCon in Santa Clara, CA. This press release features multimedia. View the full release here: This launch is the culmination of Alphawave Semi and Teledyne LeCroy’s collaborative efforts, with results that push the boundaries of signal transmission and measurement technologies. Th...
NEW PROVIDENCE (New Jersey) et TORONTO (Ontario)--(BUSINESS WIRE)-- Nubis Communications, Inc., fournisseur d’interconnexions à fibre optique haute densité (HDI/O) et faible latence, et ( LN: AWE ), leader mondial de la connectivité haut débit et du silicium de calcul pour l’infrastructure technologique mondiale, ont annoncé aujourd’hui la prochaine démonstration de la technologie PCI Express 6.0 appliquée à une liaison optique à 64 GT/s par voie. Les fournisseurs de centres de données envisagent d’utiliser le PCIe sur fibre optique pour étendre considérablement la portée et la flexibilité de...
NEW PROVIDENCE, N.J. & TORONTO, Ontario--(BUSINESS WIRE)-- Nubis Communications, Inc., provider of low-latency high-density optical inter-connect (HDI/O), and (LN: AWE), a global leader in high-speed connectivity and compute silicon for the world’s technology infrastructure, today announced their upcoming demonstration of PCI Express 6.0 technology driving over an optical link at 64GT/s per lane. Data Center providers are exploring the use of PCIe over Optics to greatly expand the reach and flexibility of the interconnect for memory, CPUs, GPUs, and custom silicon accelerators to enable more ...
Alphawave Semi has published its 4Q23 trading and business update, reiterating its guidance for FY23 with multiple new wins, a strong pipeline and good progress toward generating revenue from its Connectivity Products Group in 2024. Total new bookings of US$128.7m in 4Q23 were a record and increased by 36% YoY. Alphawave Semi continues to transition the company following the acquisitions in 2022, re-focusing the OpenFive business on leading edge technology. The transitioning process weighed on t...
Alphawave Semi has published its 3Q23 trading and business update, reiterating its guidance for FY23 with multiple new wins, a strong pipeline and good progress toward generating revenue from its opto-electronics connectivity products in 2024. Total new bookings of US$72.9m in the quarter fell 9% YoY, in part because a US$20m custom silicon non-recurring engineering (NRE) booking slipped into 4Q23. Alphawave Semi continues to transition the company following the acquisitions last year, re-focusi...
Alphawave Semi has announced the appointment of Rahul Mathur as CFO with effect from 30 October 2023. Mr Mathur has an extensive background in tech and as a CFO and looks very well qualified to fill the role which has been vacant since May. The appointment of Mr Mathur is in line with comments at the interim results that the search for a permanent CFO was progressing very well. Alphawave Semi's share price has been under some pressure since the results and the eruption of the events affecting I...
Alphawave Semi supplies cutting edge connectivity solutions for the world's most demanding applications in digital infrastructure. Over the last two years the business has been transformed and it now licences its Intellectual Property (IP), supplies custom silicon and, from 2024, should supply optical connectivity silicon. The company generated revenue of US$185m in 2022 and is targeting growth to cUS$500m by 2025 with a consensus forecast of 102% pa growth in pre-tax profit over the period. Whi...
The independent financial analyst theScreener just awarded an improved star rating to ALPHAWAVE IP GROUP (GB), active in the Semiconductors industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date March 22, 2022, the closi...
Intel and Alphawave Announce Partnership for Intel Foundry Services Alphawave IP will be a key anchor member of Intel Foundry Services Accelerator - IP Alliance focusing on leading-edge connectivity solutions LONDON and CHANDLER, Ariz. and TORONTO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Alphawave IP (LN:AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, is pleased to announce entering a partnership with Intel Foundry Services (“IFS”). Under the partnership, Alphawave IP has joined the IFS Accelerator - IP Alliance as an anchor member, focused on provi...
Alphawave Welcomes Tony Chan Carusone as Chief Technology Officer With over 20 years of research and industry experience in semiconductors, Carusone will drive the continuous innovation of the company’s leading silicon connectivity solutions enabling next generation technologies LONDON and TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Alphawave IP (LN:AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, is pleased to announce Tony Chan Carusone as its Chief Technology Officer. Carusone has over 20 years of experience in both academic research, focused...
Strategic Business Update - Acquisition of Precise-ITC and completion of major milestones for China Product Partnership LONDON and TORONTO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Alphawave IP (LN:AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, is pleased to announce the acquisition of Precise-ITC and the completion of significant milestones for the China Product Partnership (“CPP”). Key highlights Alphawave IP has agreed to acquire Precise-ITC, Inc., an emerging leader in the Ethernet and Optical Transport Network (OTN) communications connectivity...
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