June 23: China compute-power PCB sector tumbled; sector leader Shenghong Technology slid over 7% intraday. Shanghai Securities Journal attributed the drop to two market rumors: NVIDIA asked PCB vendors for a 10% price cut, and Shenghong’s capacity expansion has allegedly pressured shipments of NVIDIA’s Rubin platform. On June 24 Shenghong said it cannot respond to every rumor but reiterated that operations and fundamentals are normal. The company added customer design adjustments during producti

June 23: China compute-power PCB sector tumbled; sector leader Shenghong Technology slid over 7% intraday. Shanghai Securities Journal attributed the drop to two market rumors: NVIDIA asked PCB vendors for a 10% price cut, and Shenghong’s capacity expansion has allegedly pressured shipments of NVIDIA’s Rubin platform. On June 24 Shenghong said it cannot respond to every rumor but reiterated that operations and fundamentals are normal. The company added customer design adjustments during production are routine, it has some first-mover advantages, and investors should rely on public disclosures.