Movement Alert|Foxconn Interconnect Technology Rises 3.05% in Regular Trading, CPO Mass Production Dispute Gradually Digested as Oversold Shares See Technical Recovery

Market Focus
06/24

On June 24, Foxconn Interconnect Technology rose 3.05% in regular trading, trading at HKD 7.75 per share, with turnover of HKD 26.66 million.

On the news front, a previous SemiAnalysis report claiming CPO mass production could be delayed to 2028 triggered a deep correction in the optical communication sector, with Foxconn Interconnect Technology pulling back over 30% from its June 3 high. Industry sources close to NVIDIA have recently confirmed that no CPO mass production delay exists on the production side, clarifying that the real bottleneck constraining high-speed optical communication lies in upstream indium phosphide laser chip capacity. The market had previously conflated two distinct timelines — small-batch validation and full industry-wide adoption.

Additionally, NVIDIA executives have publicly reaffirmed the second-half CPO switch mass production schedule remains unchanged. With the mass production timeline dispute gradually being absorbed and prior oversold conditions presenting technical support, the stock is experiencing a recovery bounce from deeply depressed levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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