Market chatter has circulated around a possible Nvidia investment in two Chinese optical module companies, but both firms stopped short of confirming anything. The rumor said Nvidia planned to spend $2 billion on a strategic stake in Zhongji Innolight, with the money earmarked for next-generation optical module research, global capacity expansion, and construction of a new factory in Thailand. The same market talk also claimed Nvidia wanted to act as a cornerstone investor in Eoptolink’s Hong Kong IPO. On Aug. 12, a representative from Zhongji Innolight said the company was not aware of the rumor and that investors should refer to official company announcements. Eoptolink gave a similarly cautious response, saying it was not in a position to comment on the rumor and that any matters related to its H-share plans should be based on formal disclosures.
Recent market rumors claimed that Nvidia planned to invest $2 billion for a strategic stake in Zhongji Innolight, a leading optical module maker. According to the rumor, the funds would be used for next-generation optical module research, global capacity expansion, and construction of a new factory in Thailand.
The same market talk also said Nvidia was interested in becoming a cornerstone investor in Eoptolink’s Hong Kong IPO.
Company responses
On Aug. 12, a person related to Zhongji Innolight said the company was not aware of the market rumor and that investors should refer to the company’s official announcements.
Eoptolink said it was not in a position to comment on the rumor. The company added that any matters concerning its H-share plans should be based on official announcements.
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