J.P. Morgan recommended buying on dips after Shenghong Technology's stock price correction recently, saying investors were overly concerned about the timeline of Nvidia's Kyber project and the company's market share in Vera Rubin. Shenghong Technology's decline in Hong Kong narrowed, falling 5% previously; its A-shares reversed the previous decline and once rose 2.6%. “If the Kyber project is postponed, stronger market demand for Nvidia's existing products and its growing share in the Google project should be able to partially offset the impact on Shenghong Technology,” analysts such as J.P. Morgan Cherry Liu wrote in the report. They lowered Shenghong Technology's profit forecast for 2026-2028 by 5-13% to reflect the impact of the PCB project planned for this year climbing slightly later than expected and the possible delay in the launch of the Kyber project. The stock's high rating was maintained; the target price was lowered from HK$600 to HK$500; Shenghong Technology's H shares closed at HK$212.4 on Monday.

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