ETF Movement | Southern 2x Long NVIDIA rises over 3% Jensen Huang praises new collaboration with Corning, optical connections will become a new growth point in the supply chain
Southern 2x Long NVIDIA rose over 3%, as of the time of writing, up 3.57%, reported at HKD 176.85, with a trading volume of HKD 4.0824 million. In terms of news, NVIDIA previously announced a multi-year commercial and technological partnership with Corning. On Wednesday Eastern Time, NVIDIA CEO Jensen Huang praised the new collaboration with Corning in an interview, calling it an important opportunity for the U.S. to rebuild its technology supply chain. Jensen Huang stated that the next generation of artificial intelligence infrastructure will require a large number of optical connections, as computing demands are growing so rapidly that copper wires can no longer meet the needs. According to Nomura, since 2026, Corning has signed multi-year agreements with Meta Platforms (valued at up to USD 6 billion in January), two unnamed hyperscale cloud service providers (April 28), and NVIDIA (May 6), covering a full range of optical fiber, optical cables, and optical connection solutions. The intensification of long-term contract signings is becoming a structural feature of the optical product supply chain in the wave of AI infrastructure investment, providing stronger visibility for the long-term revenue of related companies
According to Zhitong Finance APP, Southern 2x Long NVIDIA (07788) rose over 3%, up 3.57% as of the time of publication, priced at HKD 176.85, with a transaction volume of HKD 4.0824 million.
In terms of news, NVIDIA previously announced a multi-year commercial and technical partnership with Corning. On Wednesday, Eastern Time, NVIDIA CEO Jensen Huang praised the new collaboration with Corning in an interview, calling it an important opportunity for the United States to rebuild its technology supply chain. Jensen Huang stated that the next generation of artificial intelligence infrastructure will require a large amount of optical connectivity, as computing demands are growing so rapidly that copper wires can no longer meet the needs.
According to Nomura's analysis, since 2026, Corning has signed multi-year agreements with Meta Platforms (valued at up to USD 6 billion in January), two unnamed hyperscale cloud service providers (on April 28), and NVIDIA (on May 6), covering a full range of optical fiber, optical cables, and optical connectivity solutions. The intensification of long-term contract signings is becoming a structural feature of the optical product supply chain in the wave of AI infrastructure investment, providing stronger visibility for the long-term revenue of related companies
