Despite being fundamentally different companies, there are clear parallels between Swedish Sivers Semiconductors (SIVE.ST) and the American meme stock GameStop (GME).

Both have experienced extreme price surges driven by retail hype and momentum trading. Sivers is up roughly 1,700–2,100% in 2026. Just like GME in 2021, it has been fueled by Reddit-style enthusiasm, high short interest, and classic short squeeze dynamics.

Retail investors have carried the stock upward while professional shorts have fought back — creating the same David vs Goliath narrative.

But here’s the crucial difference:

GameStop was a dying brick-and-mortar retailer. Sivers is a real tech company in photonics and lasers — technology that is critical for AI data centers, 5G, and satellite communications. They have a growing ~$800 million pipeline and actual customers.

That makes Sivers more dangerous than GME ever was. Because it feels almost legitimate.

The massive rise is still heavily driven by speculation, extreme valuations (50–70x sales while still unprofitable), and FOMO. But unlike pure meme stocks, there is genuine underlying momentum tied to the AI infrastructure boom.

Personally I don’t think Sivers will suffer the same fate as GameStop. But the risk of a brutal reversal is very real if deliveries slip or the hype cools.

As always — fascinating to watch, but I’ll stick to my dividend portfolio for now.

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This is a new post on the new dewlar.me blog.
You can find the old blog here:https://mrsdewlar.blogspot.com

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