HK Stock Market Move | Montage Technology (06809) rose over 5% in early trading as the CXL 3.2 MXC chip successfully entered the next generation CXL products of Samsung and SK Hynix.

Montage Technology (06809) rose over 5% in early trading, and as of the time of writing, it is up 3.25% at HKD 266.8, with a trading volume of HKD 349 million. In terms of news, recently, Montage Technology announced in an investor relations activity record that the company was the first in the industry to trial produce the CXL 3.2MXC chip in July and successfully introduced it into the next-generation CXL products of Samsung and SK Hynix. It is expected that 2027 will mark the first year of large-scale commercial use for CXL. The PCIe Switch chip is expected to complete its engineering sample tape-out within this year, while the PCIe 6.x/CXL 3.x Retimer chip has completed the tape-out for the mass production version and is included in the PCI-SIG vendor list. The company plans to complete the engineering sample tape-out for the PCIe 7.0 Retimer and Ethernet PHY Retimer chips this year.