Does it makes any difference from module caching perspective how it is required?

Im trying to understand module caching. I've read lots of materials but it's still fuzzy because I can't find a good article that goes to full details and there are some contrary opinions going around the web.

const modules = {
  first: require('./modules/first.js'),
  second: require('./modules/second.js')
};

// vs

const first = require('./modules/first.js');
const second = require('./modules/second.js');

Does these two have any difference when it comes to caching (both are exported same way)?

via Solo