On July 6, Montage Technology rose 3.76% in regular trading, trading at 399.6 HKD/share, with turnover of 43.14 million HKD. The stock gained momentum as the semiconductor sector broadly recovered following two consecutive sessions of sharp correction.

On the news front, Samsung reportedly plans to raise DRAM prices by 20% in Q3, with manufacturers confirming receipt of verbal notices, strengthening memory price-hike expectations. Additionally, Montage Technology recently disclosed that its MRDIMM second-generation product has achieved a data transfer rate of 12,800 MT/s, representing a 45% improvement over the first generation. The industry expects MRDIMM to begin volume deployment and enter a rapid ramp-up phase within the next two to three years.

Within the Semiconductors sector, the broader rebound was evident, with SMIC up 3.35%, HUA HONG GRACE up 2.53%, and GIGADEVICE up 2.02%, reflecting broad-based recovery after the prior selloff that saw declines exceeding 8-12% across major chip names.

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