BlockBeats News, May 27th, according to market data, influenced by the "IPO God" Serenity's pump signal, XFAB opened today on the Euronext Paris stock exchange with a roughly 10% gain, currently trading at €9.88.

BlockBeats previously reported that "IPO God" Serenity had earlier today disclosed a long position in the semiconductor company XFAB, believing that its current $1.2 billion market cap is attractive. The key catalyst is the upcoming "EU Chip Act 2.0," which is expected to focus on supporting photonics companies. XFAB is highly likely to be included once again. The company's business is closely tied to NVIDIA: in the silicon photonics field, through the "photonixFAB" project, it is preparing for mass production of NVIDIA's optical transceivers, optical switches, and other products.