Today: 2 July 2026
Montage Technology stock price jumps 5% on AI profit outlook — what to watch for 688008 before Shanghai open
19 January 2026
1 min read

Montage Technology stock price jumps 5% on AI profit outlook — what to watch for 688008 before Shanghai open

SHANGHAI, Jan 19, 2026, 09:04 GMT+8 — Premarket

  • Montage Technology’s Class A shares on the Shanghai exchange ended at 142.59 yuan, rising 5.47%.
  • The chip designer projected a 52%–66% rise in 2025 net profit, driven by robust demand tied to AI.
  • Investors are now focusing on the audited annual results and the schedule for the company’s Hong Kong listing.

Montage Technology Co., Ltd.’s Shanghai-traded Class A shares (688008.SS) are set for Monday following a strong gain on Friday, fueled by a positive full-year profit forecast. The stock closed at 142.59 yuan, climbing 5.47% on volume near 64.62 million shares. Over the past 52 weeks, the shares have fluctuated between 62.00 yuan and 169.90 yuan, according to Investing.com data.

The timing is crucial. China’s push into AI has driven funds into chip makers tied to servers and memory, with investors betting heavily on future earnings to sustain the momentum.

Montage’s products don’t grab headlines. They make interconnect chips — components that shuttle data between processors and memory in servers. These chips usually see demand spike when data-centre equipment gets upgraded.

In a filing dated Jan. 17, the company projected 2025 net profit attributable to shareholders between 2.15 billion and 2.35 billion yuan, marking a rise of 52.29% to 66.46% over 2024. Profit excluding one-off items—removing non-recurring gains and losses—was forecast at 1.92 billion to 2.12 billion yuan, according to the filing.

Montage reported gains driven by the AI industry trend and robust demand, highlighting a sharp increase in shipments of its interconnect chips.

Traders are now focusing less on profit growth and more on whether margins stayed firm. The key issue: can the company maintain both output and pricing as the cycle extends into 2026?

There’s a catch: the company stressed these figures are preliminary estimates, not yet audited. The final numbers might shift once the annual report is officially approved.

The next major event is the audited annual report, which investors expect to reveal revenue figures, margin details, and insights on demand. According to market calendars from Investing.com, the results are slated for release on March 31.

Montage Technology is eyeing a Hong Kong listing, with a share sale potentially raising between $800 million and $1 billion. Two sources familiar with the plans said trading could begin around Jan. 26, though the schedule remains tentative. A draft prospectus mentioned in the report noted Montage held a 36.8% stake in the global memory interconnect chip market in 2024.

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Stock Market Today

  • FTSE 100 jumps 1.7% after weak US jobs data signals Fed may pause hikes
    July 2, 2026, 12:55 PM EDT. FTSE 100 rallied 1.7% to 10,652.87 on Thursday, getting a lift after US June jobs numbers missed forecasts and eased bets on a near-term Fed rate increase. US non-farm payrolls rose by 57,000, undershooting a consensus of 110,000. Unemployment edged down to 4.2%. Major European markets climbed too: CAC 40 up 1.7%, DAX 40 up 2.2%. Markets adjusted as traders saw lower odds of a July rate move from the Fed. The pound was stronger, helped by comments from Bank of England Governor Andrew Bailey, who flagged ongoing focus on inflation. Investors are now looking ahead to July 14 US CPI data for the next read on Fed policy.
3i Group share price: Action’s France sales signal and the Jan. 29 update traders are watching
Previous Story

3i Group share price: Action’s France sales signal and the Jan. 29 update traders are watching

Glencore share price rises as China scrutiny hangs over Rio Tinto merger talks
Next Story

Glencore share price rises as China scrutiny hangs over Rio Tinto merger talks

Go toTop