Spectra7 Microsystems Inc (SEV)

[MrBB]

Why you still here? Move on and leave...

[yp_1]

Keep moving downhill. Write it off folks…

[SEV123]

Some actual volume today.

[Robert31]

Unidentified Participant

Hi. Thank you for taking our question. This is Taksan [ph] on behalf of Vivek. I just want to go back to the AEC product line. Obviously you're ramping your second customer, third customer also in qualification in the second half. How are you seeing the competitive dynamic? Just because Marvell and Astera are also launching their products here.

Bill Brennan

At a high level, we have not seen a significant change in the competitive environment. So our objective has always been to be first to deliver and first to qualify. And I think we've done a really good job on this objective with all of our customers. I would say that, one big advantage that we have competitively is the way we're organized. We have more than 100 people on our team that are dedicated to the AEC business. And that includes hardware and software development. That includes qualification, production, fulfillment and support.

And this really drives success with this objective, to be able to deliver first and qualify first. So I would say that as we go deeper with each customer relationship, we really see an increasing number of requests for customized hardware and software. And I think from the standpoint of the number of SKUs that we're working on today, the number is more than 20 that are in active development from a different SKU perspective.

So competitively, I would say we're unique in a sense that we're the single point of contact and we take full responsibility for all aspects of the relationships with our customers. And this really drives their satisfaction. When I talk more specifically about competition, we're really competing with groups of companies that need to do the same work that we're doing, but there's really no shortcut to it. And when you've got the complexity of having multiple suppliers involved and responsible for different aspects of one solution, it's really far greater complexity than having one party like Credo being ultimately responsible.

And so I guess with that said, the market's growing quickly and we do expect to see second sourcing in the future. This is natural, and ultimately, our goal is to always be raising the competitive bar and ultimately serving our customers very well and driving their satisfaction. But I don't have specific feedback regarding the two potential competitors that you mentioned.

Unidentified Participant

Of course. And then as a follow-up, just given, NVIDIA is also entering this Ethernet switch market, and that could potentially have some implications on AEC as a standard for connectivity. So I was wondering if you have any color there, or if you've done any interoperability testing with the NVIDIA solutions as well? Thank you.

Bill Brennan

Sure. We've been really clear when we talk about the US hyperscalers, there is a desire to move to Ethernet long term. And so I think it comes as no surprise that we've seen a lot of discussion around NVIDIA and Ethernet. We view this as a positive for us and our business. We've done testing with everybody that's out there from the standpoint of NICs and switches. And so we feel really quite confident that there will be an opportunity for our AECs for inter-rack connectivity. And again, we don't view this as really a surprise that the U.S. hyperscalers are driving in this direction.

[Robert31]

CREDO - for anyone who is left caring: https://seekingalpha.com/article/4696354-credo-technology-group-holding-ltd-crdo-q4-2024-earnings-call-transcript

[jacksonjohn]

HHP stock (Hold, Hope, and Pray

[yp_1]

Received proxy material. Tempted to vote against for all items, but common sense says I should not.

[Robert31]

Technically yes, spiritually no

[yp_1]

Does the patient still have pulse?

[yp_1]

Historically Spectra7 AGMs are nothing to write home about. I don’t see this one being different.

[jacksonjohn]

I'm sure they will ask the shareholders to pay for RH's lunch!

[SEV123]

SPECTRA7 MICROSYSTEMS INC.
NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
AND
MANAGEMENT INFORMATION CIRCULAR
https://ceo.ca/content/sedar/SEV-2024-05-28-management-information-circular-english-ea97.pdf

[Robert31]

https://www.wsj.com/finance/stocks/cooling-for-ai-is-a-hot-stock-market-tradefor-now-d917e1d2?mod=googlenewsfeed&utm_medium=social&utm_source=flipboard&utm_content=topic%2Fnews

[yp_1]

Just pray we won’t continue to remain silent for undetermined period of time.

[SiliconValleyExec]

Some of you have spoken to this. I can confirm, from a source, there is merit to your assessments.

In terms of NVLink networking, in the GB200 NVL72 single-cabinet solution, the computing nodes within the cabinet are interconnected with the NVLink Switch using copper cables, without the need for optical-electrical signal conversion, which is consistent with the previous GH200 cabinet interconnection solution. However, in certain high-performance AI computing scenarios, the fifth-generation NVLink can be used to achieve high-speed interconnection of up to 8 GB200 NVL72 systems (576 Blackwell GPUs). When interconnecting GB200 NVL72 cabinets based on NVLink, two-by-two interconnection can use LACC copper connections,

[yp_1]

If you put 80% of the board on ignore, you won't have too many to talk to. As you always say to me: "Comprehend this".

[SEV123]

Seems in the past there was always something to talk about. LOL

[GARYM1]

Board is silent because until we get orders there is nothing to talk about

[SEV123]

I find it odd the way he posts as well but I take those posts and try to research what I can from them. Recently set up account on Investor Hub, April 30th.

Board has gone fairly quiet since many regulars no longer posting including Future and Shites.

[GARYM1]

So if Acc is apart of the build out our orders should be flowing soon

[yp_1]

I have him on ignore for that reason (ie. “your company”)

[Robert31]

cross reference: Nvidia reported that the Blackwell platform unveiled in March is in "full production" and on track to be delivered to partners this year. Huang clarified that the new system is set for production shipments starting in the second quarter and will ramp in the third quarter.5 days ago

[SiliconValleyExec]

You should not take anything I post as gospel. I simply post what I learn. You should cross-research everything I write.

[Spectra777]

Would you kindly explain why you're speaking from the perspective of some third party investment advisor? Do you have a position in S7 or are you just providing some free time and guidance? Is this not your company too?

[SiliconValleyExec]

Earlier I reported your company should ship 800GbE between July and Sept. It is now narrowed down from industry updates --

the new system is set for production shipments starting in the second quarter and will ramp in the third quarter

[SEV123]

Short interest is down again after the debacle.
SPECTRA7 MICROSYSTEMS INC. 2,961 -988 15 May 2024
SPECTRA7 MICROSYSTEMS INC. 3,949 -1,004 30 Apr 2024

[yp_1]

Grasping at straws, SEV123, grasping at straws…

[SEV123]

Interesting close on TSX.V and good volume on both alternate exchanges and on u.s. side.

[Robert31]

https://www.linkedin.com/posts/volex_connecting-the-future-volexs-high-speed-activity-7183460758855319552-7XqW?utm_source=share&utm_medium=member_desktop

[Robert31]

https://www.linkedin.com/jobs/view/3870559381/?refId=X5lIRvu0RcW5E%2FcjJrgfKA%3D%3D&trackingId=X5lIRvu0RcW5E%2FcjJrgfKA%3D%3D

[jacksonjohn]

RH put in $250k in this round. Let that sink in!

[Robert31]

July is but 6 weeks away. We shall see who is the correct prophet.

[SEV123]

When you ask a stupid question Powrrr, you still have to put a ?

What kind of a poster are you?

[SEV123]

Why would PowrrrPlaz take the time to read what you post? Powrrr owns zero shares and just wants attention, no one talks to him, he's a lonely individual.

[SiliconValleyExec]

Your company will move to the U.S. exchange and its securities be governed by the SEC --

Shelf Registration. After the Company becomes subject to the Reporting Requirements of
the U.S. Exchange Act, the Manager Group Permitted Holders shall have the right to
require the Company at any time and from time to time to file a Registration Statement,
including a Registration Statement covering the resale of all Registrable Securities on a
delayed or continuous basis, on Form F-1 or Form F-3 Registration Statement or such other
form of registration statement that may be available at such time for the resale of the
Registrable Securities by the Manager Group Permitted Holders (a “Shelf Registration
Statement”), and take such other steps as may be necessary to register the Distribution in
the United States of all or any portion of the Registrable Securities held by the Manager
Group Permitted Holders (a “Shelf Registration”), by giving a notice with the information
required in Section 6.1(b) to the Company. Upon exercise of a Shelf Registration right, the
Company shall use its commercially reasonable efforts to file within 30 days after receipt
of the Request a Shelf Registration Statement relating to such Shelf Registration and cause
such Shelf Registration Statement to become effective under the U.S. Securities Act,

[SiliconValleyExec]

Your new group of Lead Investors purchased $4.1 million of the company and shall remain unnamed. They will have certain special rights of directorships and may place a named person on the Board and will have special rights at time of registration onto a U.S. exchange in the future. Your company is now under the control of well funded persons. You may all now relax and enjoy what is to transpire.

[SiliconValleyExec]

My friend you have just shown you simply do not understand analog chip design at all. And by the way, Raouf Halim is still your company's CEO, and no I am not he.

[PowrrrPlayz]

Hmmmm

We know. Nvidia is up 400% from its low! Good for them. SEV is on life support.

Can you explain that.

EV motors are getting re-engineered with AI. So can ACC. Are you not paying attention? The boys at Mellanox surely are. What do we not know. I think we are on the "outs" with NVDA. Why wouldn't Mellanox AI ACC chips. It's what they do ffs.

Perhaps we are waiting for amd, supermicro, intel, and the rest to catch up.

The future is AI modelling. Did you not get the memo? Hopefully Sprctra7 put down their slide ruler and has an AI model agent to keep them competitive.

BTW, do you not think Blackwell was created via AI model for 700+% improvement in 12 months? Destroying Moore's Law? You don't sound like much of an exec.

[SiliconValleyExec]

Did you not get the memo my friends? Blackwell and its 800GbE networking will be inside Microsoft Azure and Oracle by their [Nvidia's] fourth fiscal quarter which begins in November. That translates into infrastructure orders beginning between July and September. It is now just May.

Nvidia also surprised analysts by giving an aggressive timeline for its next-generation GPU, called Blackwell, which will be available in data centers in the fiscal fourth quarter. Those comments allayed fears of a slowdown as companies wait for the latest technology.

[PowrrrPlayz]

Yup. There is something us Spectra7 sheep just do not know. I am going to speculate that Spectra7 entered the nvidia melanox matrix and an ACC Agent popped up and destroyed (obsoleted) Spectra7 tech in one modelling go round.

So forget about spectra7 being used in melanox infiniband network design. Spectra7 is a horse and buggy tech.

[GARYM1]

And we are stagnant at 12.5 cents,doesn't look like S7 is needed.

[Robert31]

https://www.cnbc.com/2024/05/22/nvidia-no-sign-of-ai-slowdown-after-over-400percent-jump-in-data-center-unit.html?utm_source=flipboard&utm_content=topic%2Ftechnology

[CleverAces]

If Spectra didn’t hire Craig-Hallum, i would agree this was all a set up. However, considering the fees charged by this firm, i think the board was truly blind-sided by the investor(s) that killed the initial PP. The Craig Hallum engagement was a last resort

[GARYM1]

So not sinking yet just taking on water

[yp_1]

I think more people realized the fiasco was not an accident, but something that was actually planned by the management. It was very easy for them to trigger the sell-off by refusing the conditions associated with that investor who pulled out from the PP. There is zero trust from investment community at this point in time, hence you won't see any significant buys for a while. Hopefully the ship will not turn to ship wreck, but so far all indicators suggest that...

[GARYM1]

Hard to say for sure but the fact that nobody is looking to buy the stock that is set to ramp up revenue in 2nd half of this year might be a clue we are on a ship that's not sinking but it also is not rising with the AI tide.

[PowrrrPlayz]

Are you saying Spectra7 got

A I'd?

[GARYM1]

It would seem the industry woll make S7 tech obsolete before it has a chance to get started

[Robert31]

There goes an alternate approach to cooling the DC: https://www.techspot.com/news/103061-acoustic-attacks-could-serious-threat-future-underwater-data.html?utm_source=flipboard&utm_content=topic%2Ftechnology

[Robert31]

The production side of the energy consumption of AI - https://www.theglobeandmail.com/investing/markets/stocks/NVDA-Q/pressreleases/26318491/forget-nvidia-jim-cramer-says-this-company-could-be-about-to-cash-in-on-artificial-intelligence-ai-data-centers/