Rumors have emerged that Nvidia plans to invest $2 billion in Zhongji Xuchuang, a leading optical module maker, with the funds earmarked for next-generation optical module R&D, global production capacity expansion, and construction of a new plant in Thailand. Separately, Nvidia is said to be considering acting as a cornerstone investor in the Hong Kong IPO of Xinyisheng. Zhongji Xuchuang responded that it was not aware of the rumor and said investors should rely on company announcements. Xinyisheng declined to comment and said investors should refer to announcements.
Nvidia is said to be planning a $2 billion strategic investment in Zhongji Xuchuang, a leading optical module maker, according to market rumors. The funds would reportedly go toward next-generation optical module R&D, global capacity expansion, and construction of a new plant in Thailand.
Separately, Nvidia is also said to be considering acting as a cornerstone investor in the Hong Kong IPO of Xinyisheng.
Zhongji Xuchuang said through a company source that it was not aware of the rumor, and advised investors to rely on company announcements. Xinyisheng declined to comment, saying investors should refer to announcements.
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