On July 31, MONTAGE TECH surged 15.99% in regular trading, trading at 294.2 HKD/share, with turnover of 513 million HKD.

On the news front, MONTAGE TECH announced it has become the first company in the industry to achieve trial production of its CXL 3.2 memory expansion controller (MXC) chip. CXL technology is widely regarded as a critical pathway for resolving memory bottlenecks and has attracted strong interest from data center and AI infrastructure providers. The successful trial production of the 3.2-version MXC chip positions the company to seize first-mover advantage and further consolidate its leadership in memory interface and interconnect chip solutions.

Additionally, the company has been actively executing its A-share buyback program, repurchasing a cumulative 705,000 shares on July 29 and 30 for approximately 144 million yuan, signaling management confidence. Within the Semiconductors sector, storage-related names rallied broadly, with GIGADEVICE up 24.47%, ILUVATAR COREX up 18.83%, BIREN TECH up 15.98%, HUA HONG GRACE up 11.08%, and SMIC up 6.45%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)