「Stock God」 Serenity Calls Out XFAB: Valuation Seriously Misaligned with Assets, Only High-Capacity Silicon Carbide Foundry in the U.S.

BlockBeats News, June 3rd, Serenity, the "Stock God," compared two semiconductor companies in the European and American markets. POET, listed on the Nasdaq, has a market capitalization of about $2.4 billion. Its business involves packaging Sivers' lasers, with only a $50 million pre-production contract with attached warrants. On the other hand, X-FAB (XFAB), listed in Europe, has a market capitalization of only $1.7 billion but holds core assets far exceeding its market cap—it is one of the few foundries in the world that has received funding from both the EU CHIPS Act and the U.S. CHIPS Act for SiC/GaN/MEMS/silicon photonics. Its current valuation is even below the reset price-to-book ratio.

Serenity further outlined XFAB's differentiated advantages: NVIDIA and Nokia are directly evaluating its pre-commercial silicon photonics foundry line, with production expected to ramp up between 2027 and 2028. As a foundry, the company is leading the high-scale expansion of the European photonics supply chain, deepening cooperation with key European photonics institutions such as IMEC, CEA-Leti, Ligentec, and Smart Photonics. Customers include Nanosilicon Semiconductor, Power Integrations, and Lite-On. Serenity specifically quoted the U.S. Department of Commerce's official characterization that "XFAB is the only high-capacity silicon carbide foundry in the U.S.," giving it rare strategic value amid trade barriers and the trend of supply chain localization.

XFAB trades on the U.S. stock market under the ticker XFABF and is associated with the Belgian company X-FAB Silicon Foundries SE, primarily listed on the Euronext Paris stock exchange under the symbol XFAB (Euro trading).