On September 22, MONTAGE TECH surged 14% in regular trading. On the news front, Meta's AI agent Muse, released earlier this month, rapidly topped the Apple App Store's free app rankings, reigniting market enthusiasm for CPU and memory interconnect chip makers. The catalyst drove overnight rallies in Intel, Arm, and other chip stocks in the US session.
Analysts noted that the proliferation of AI agents is expected to significantly increase inference and infrastructure workloads, directly benefiting server CPU demand. As the Agentic AI era accelerates CPU usage growth, demand for memory interconnect chips — a core product line for MONTAGE TECH — is poised to rise substantially, positioning the company as a primary beneficiary.
The rally also comes amid a broadly supportive backdrop. UBS recently projected that memory's share of global AI capital expenditure will surge from 14% in 2025 to 37% this year and 64% by 2027, with total AI capex nearly doubling to US$998 billion.
Additionally, MONTAGE TECH has been executing near-daily A-share buybacks since September under a RMB 300-600 million repurchase plan launched in July, reinforcing market confidence alongside strong H1 results that saw net profit jump 72.3% year-over-year.
(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.)
