Home > Quick > Body

Ultrasonic Electronics Says No Nvidia Supply After 3-Day Share Surge Triggered Trading Alert

clock
2026-06-28 09:03:39
Ultrasonic Electronics said its shares were flagged for abnormal trading after the cumulative deviation in closing-price gains exceeded 20% over three consecutive sessions on June 24-26, 2026, according to 36Kr. In a June 28, 2026 announcement, the company said operations are normal and it has seen no major changes in its business or operating environment.

The company said its copper-clad laminate unit is not producing M8 or M9 copper-clad laminates, and its M7/M8-grade high-speed copper-clad laminates are still in R&D testing. It added that PCBs supporting 800G and 1.6T optical modules are under research follow-up, with uncertainty around progress, customer certification and mass production; the products have not been supplied at scale and have generated no revenue so far.

Ultrasonic Electronics also said market rumors that its high-frequency boards have passed Nvidia certification are untrue, and it currently has no products supplied to Nvidia.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.