New York, May 24, 2026, 11:10 EDT
• Silvaco ended Friday at $9.74, up 2.7% for the day, though still off about 3.5% from last week’s close.
• Nasdaq shuts for Memorial Day on Monday, May 25, so regular U.S. trading resumes Tuesday.
• Traders are looking at a fresh Mixel IP release, Q2 profit outlook, and the risk of dilution from an at-the-market offering.
Silvaco Group is looking to find its footing after a tough week. The stock tried to recover Friday, trading higher with the rest of the chip-design software names ahead of the holiday-shortened week.
Silvaco shares on the Nasdaq closed Friday at $9.74, gaining 2.7% for the session. Still, that’s about 3.5% lower than the $10.09 close on May 15, after a steep loss Monday and some rebound late in the week. The stock picked up again after hours, last trading at $9.85, market data show.
U.S. markets are closed Monday for Memorial Day, which pushes Silvaco’s next trading day to Tuesday. Investors will come back to a micro-cap software stock that’s been swinging on earnings, product updates, and trading volume, not just one news item. Nasdaq lists May 25 as a holiday.
Silvaco said Tuesday that its Mixel MIPI C-PHY/D-PHY Combo Universal IP is now available on Taiwan Semiconductor Manufacturing Co’s N2P process. Semiconductor IP are reusable chip design blocks that customers license instead of making themselves.
Andy Wright, senior vice president and general manager at Silvaco Semiconductor IP, said the launch was part of the company’s move into “leading-edge processes.” MIPI Alliance chair Hezi Saar called Mixel a “valued contributing member” of the group. Silvaco Group, Inc.
That product update is part of a wider repositioning push. Silvaco makes TCAD software—technology computer-aided design—to model chip process steps and device physics. The company also offers EDA tools for chip design and sells semiconductor IP.
Silvaco Group, Inc. reported first-quarter revenue rose 26% to $17.8 million. GAAP net loss fell to $5.9 million from $19.3 million a year ago. Bookings, or signed customer purchase commitments as the company defines them, also climbed 26% to $17.2 million. CEO Walden Rhines said Silvaco “got off to a great start in 2026.” CFO Chris Zegarelli said there is a “path to profitability in Q2.” Silvaco Group, Inc.
Silvaco is targeting second-quarter bookings of $19.0 million, up or down 10%. Revenue guidance is $18.0 million, also plus or minus 10%. The company expects non-GAAP gross margin at roughly 88%. Non-GAAP numbers strip out certain costs like stock-based pay and acquisition items.
Peers add some context, but Silvaco’s scale is smaller. Cadence Design Systems and Synopsys, two big names in EDA, both rose just over 4% Friday and finished ahead of Silvaco’s regular session move.
But the setup has some complications. Silvaco on May 8 bumped up its at-the-market offering program to as much as $35 million in common stock, according to a filing. At-the-market programs allow companies to sell shares bit by bit and raise cash, but issuing new stock might dilute current holders.
It’s a clear bear case. Bookings missing guidance, AI demand slow to deliver revenue, or stock issuance hitting sentiment could all erase Friday’s bounce. The company still loses money under GAAP. Small-cap software names also swing fast when trading dries up near holidays.
Week starts with the market closed Monday. When trading resumes Tuesday, action in Silvaco is in focus after its late-week bounce—investors will be watching to see if that’s a sign the selloff is done or if they’re just waiting for more evidence.
