HK Stock Market Move | Hongteng Precision (06088) surges over 11%. It is rumored that Hon Hai Group has delivered full-light CPO cabinets to NVIDIA.

Hongteng Precision (06088) rose over 11%, as of the time of publication, up 11.58% to 10.4 Hong Kong dollars, with a turnover of 722 million Hong Kong dollars. On the news front, according to market media reports on May 13, there were rumors in the market that Foxconn Group has delivered the "All Light CPO Switch Cabinet" to the major customer NVIDIA ahead of schedule, with the shipping target being significantly increased from the original estimate of over 10,000 units by 2026 to a total of over 50,000 units by 2026 to 2027. Industry insiders revealed that the supply of the "All Light CPO Switch Cabinet" produced at Foxconn's factory in Vietnam is extremely tight, with all display cabinets already delivered to NVIDIA, "not a single one left". The CPO switch cabinet, originally planned to be displayed at this year's Taipei International Computer Show (Computex), may not be seen in person at that time. Reportedly, Foxconn Group is the sole OEM and design manufacturer (ODM) for NVIDIA's All Light CPO. This exclusive position means that the increase in the shipment volume of NVIDIA's CPO will directly orders for Foxconn. NVIDIA plans to ship over 50,000 units of CPO switches between 2026 and 2027, and Foxconn is the sole executor of this goal.