Report: Hon Hai has begun early shipments of all-optical CPO cabinets to NVIDIA and significantly raised its shipment targets.

According to reports, Hon Hai Group's all-optical CPO switch cabinets have been delivered to NVIDIA ahead of schedule, with supply so tight that even display units are completely sold out. The shipment target has been significantly revised upward from the initial goal of over 10,000 units by 2026 to exceeding 50,000 units between 2026 and 2027. Given that the gross margin for CPO is in the double digits, far surpassing traditional contract manufacturing, the company forecasts this business will become a core driver for upgrading Hon Hai's profit structure.

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Little K Morning Report | Musk, Cook and others will accompany Trump on his visit to China; Google reportedly in talks with SpaceX to launch orbital data center.

①The Cyberspace Administration of China has fully deployed and advanced the standardization of content labeling for short videos; ②Anthropic is in talks to raise at least USD 30 billion in funding at a valuation of USD 900 billion; ③CME Group will collaborate with Silicon Data to launch a computing power futures market.

cls.cn07:53

What does SMIC's acquisition approval signify? The curtain rises on semiconductor industry consolidation.

① SMIC's asset acquisition through share issuance was approved at the meeting on May 11, marking the largest transaction in the STAR Market to date; ② The process from acceptance to approval took only 75 days, signaling the beginning of consolidation in the semiconductor industry; ③ After receiving final registration approval from the CSRC, all transactions are expected to be completed within 2026.

cls.cnMay 12 10:07

SMIC's $40.6 billion acquisition approved! SMIC Northern will become a wholly-owned subsidiary, with the target valuation premium nearly doubled.

①On May 11, the M&A Restructuring Examination Committee of the Shanghai Stock Exchange held its 5th review meeting of 2026, approving SMIC's application for the issuance of shares to acquire 49% equity in Zhongxin Northern; ②Zhongxin Northern mainly provides 12-inch integrated circuit wafer foundry services for chip manufacturers at 28nm and above nodes, with a monthly production capacity of 75,000 wafers. After the acquisition is completed, the listed company will strengthen its control over it.

cls.cnMay 12 09:21

Market sentiment for going long has fully warmed up, with a focus on rotation and catch-up opportunities within the technology supply chain.

Track the entire lifecycle of the mainline sector.

cls.cnMay 12 09:18

Earnings Preview | SMIC Q1 2026 Earnings Outlook: Steady Revenue Growth in Off-Peak Season, Guidance Remains Key

$SMIC (00981.HK)$ is about to release its Q1 2026 financial results. Market expectations indicate: revenue for Q1 2026 is projected to reach $2.501 billion, representing an 11.30% year-over-year increase; earnings per share are expected to be $0.025, marking a 26.0% year-over-year growth. The data mentioned above follows the International Financial Reporting Standards. Based on the company’s guidance and industry data, this earnings report paints a relatively clear picture: revenue continues to demonstrate resilience, profitability remains under pressure due to depreciation, capacity structure is shifting toward high-demand areas, and the cyclical turning point anticipated in the second half of the year will serve as a key variable determining the full-year performance trend. First quarter

Futu NewsMay 12 09:10