X @郭明錤 (Ming-Chi Kuo)

Regarding recent discussions among CCL-focused investors on whether the key CCL spec for VR200 NVL72 could be downgraded from M9, below are my latest surveys and views:1. Nvidia previously began testing 896K2 and 892K2 and prototyping PCBs, which likely gave rise to the market rumors. Test results are expected by the end of 1Q26.2.Nvidia’s current mass-production target remains 896K3. While this has not been finalized, the uncertainty alone is sufficient to impact stock prices that have already priced in th ...