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Robotech disclosed that its subsidiary is collaborating with NVIDIA on an optical packaging project, and the stock price once hit the daily limit during the bidding phase.
BlockBeats News, June 17 — Roboteq (300757) announced today that its wholly owned subsidiary FSG, as one of the partners, will jointly develop manufacturing and testing solutions with NVIDIA for next-generation co-packaged optics (CPO) and optical interconnect technology, aiming to accelerate the industrialization of next-generation silicon photonic devices and optical engines to meet AI deployment needs.
Supported by the news, as of 09:23 today during the call auction phase, Roboteq was trading at 695.00 yuan, up 45.00 yuan from the previous close, a 6.92% increase, with an average price of 650.00 yuan, and a market capitalization of 1164.9 billion yuan. During the opening call auction, the price briefly hit the daily limit up at 780.00 yuan (+20%).
However, the company also clearly stated risk warnings in the announcement: the related next-generation products and technologies are still in the joint development stage with customers and have not yet achieved commercial deployment. The company currently has no orders in hand and has not generated any related sales revenue. It is expected that in the near term, it will not have a major impact on its principal business and operating performance. In the future, progress in market promotion, customer validation, and large-scale mass production will all involve uncertainties.