Nvidia $2 billion stake rumor prompts guarded responses from Zhongji Xuchuang and Xinyisheng

Market rumors said Nvidia planned a $2 billion strategic investment in Zhongji Xuchuang, an optical module maker, with the funds slated for next-generation optical module research, global capacity expansion and construction of a new factory in Thailand. The same rumors said Nvidia also wanted to serve as a cornerstone investor in Xinyisheng's Hong Kong IPO. On Aug. 12, a person related to Zhongji Xuchuang said the company was not aware of the rumor and that investors should refer to the company's relevant announcements, while Xinyisheng said it was not in a position to comment and directed investors to official disclosures regarding its H shares.

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