According to BlockBeats, on June 3, the market figure known as the 'New Stock God' Serenity released a new analysis focusing on the EU Chips Act 2.0 proposal. Serenity believes the proposal brings a thematic positive to the European photonics industry, as it formally incorporates photonics into the EU's semiconductor strategic framework for the first time.
Photonics Formally Included in EU Semiconductor Strategy
The new proposal contains significant wording changes, designating photonics as a structurally new component. Key phrases include 'support the development of photonic integrated circuits and related technologies,' 'establish and strengthen advanced design, prototyping and industrial deployment capabilities for photonic integrated circuits,' and 'expand EU design capabilities in photonics.' These changes signal that photonics is no longer a peripheral technology but has entered the core layer of EU semiconductor industrial policy.
More specifically, the policy targets several application areas, including co-packaged optics and interconnect technologies for AI data centers, which directly benefits SIVE. The application of silicon photonics in high-bandwidth data center interconnects is also listed as a priority, while manufacturing technologies such as co-packaging and heterogeneous integration of photonic integrated circuits are direct positives for XFAB.
Three Leaders Along the Design and Manufacturing Value Chain
Serenity pointed out in his interpretation that Soitec and Siltronic, as core European companies in the SOI wafer space, are explicitly mentioned in the policy impact analysis, highlighting their critical position in the silicon photonics supply chain. Meanwhile, XFAB is listed as part of the current funding framework, further confirming its leading role in the European silicon photonics value chain. As for SIVE, it benefits from the demand for AI data center interconnects and is regarded as one of the main beneficiaries of this policy push.
From a full value chain perspective, Serenity's analysis covers the complete spectrum—from wafer materials (Soitec/Siltronic) to manufacturing processes (XFAB) and optical interconnect systems (SIVE)—reflecting the EU's systematic approach to the photonics sector.
Upcoming Time Window and Market Focus
Serenity predicts that as the policy framework is implemented, these related stocks could release concrete information within the next 3 to 15 months, providing clear points of focus for the market.