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

Market Focus06-24

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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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