AWE LN

Alphawave IP Group Plc

TMT


Presented:03/29/2022
Price:£1.75
Cap:$1.79B
Current Price:£0.94
Cap:$1.07B

Presented

Date03/29/2022
Price£1.75
Market Cap$1.79B
Ent Value$3.19B
P/E RatioN/A
Book Value£0.57
Div Yield0%
Shares O/S664.97M
Ave Daily Vol662,400
Short IntN/A

Current

Price£0.94
Market Cap$1.07B
Alphawave IP Group Plc provides wired connectivity solutions that enable data to travel faster, more reliably and using lower power. It focuses on the design and development of digital signal processing based multi-standard wired connectivity silicon IP solutions. The company was founded on December 09, 2020 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: Advanced Micro Devices Inc (AMD), Alphabet Inc (GOOGL), Alphawave IP Group PLC (AWE LN), Amazon.com Inc (AMZN), Broadcom Inc (AVGO), Credo Technology Group Holding Ltd (CRDO), Intel Corp (INTC), Marvell Technology Inc (MRVL), Microsoft Corp (MSFT) 

Highlights

The presenter is long shares of Alphawave IP Group PLC (AWE LN) and Credo Technology Group (CRDO), two companies at the forefront of data infrastructure. To explain the opportunity, he highlights that each switch inside a Google data center is transmitting around 100 billion bits of data per second. This requires extremely fancy signaling, data processors, and optical switching. Alphawave and Credo are merchant suppliers of very high-speed connectivity. The investor likes both but feels that Alphawave offers the more attractive risk-reward opportunity. 

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Idea Discussion

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