Jingwang Electronics Denies Nvidia Order Cut Rumors After Share Drop

The denial is carefully worded: Jingwang confirms a full order book and high utilization but explicitly declines to confirm or deny any specific customer relationship, so the rumor is neither validated nor fully closed. That gap matters because the share drop shows how much of the stock's narrative rests on a single, unnamed demand source. The next signal to watch is whether the company's Q3 disclosures or subsequent filings give enough customer or segment detail to let the market judge that concentration for itself.