MONTAGE TECH's stock price plummeted 5.05% during intraday trading on Wednesday, extending recent volatility in the storage and memory chip sector.

The decline is attributed to continued negative market sentiment stemming from a recent industry report. A SemiAnalysis report revealed that NVIDIA's next-generation Vera Rubin NVL72 rack system will feature a reduced CPU-side memory configuration. This news initially triggered a broad sell-off across global memory stocks last week, and the overhang appears to be persisting.

Although subsequent industry clarifications stated the reduction only applies to CPU system memory and does not affect GPU HBM4 capacity, the recovery in sector sentiment has been slow. As a core supplier of memory interface chips, Montage Technology remains sensitive to these industry headwinds, leading to the significant intraday drop.