Guosen's research report indicates that Montage Technology (688008.SH) had a 79% YoY increase in revenue in the first half of the year. The second-generation DDR5 RCD chip has exceeded the first generation in terms of shipments, while some of the company's new AI "power" chip products have begun shipping in quantity, contributing new performance growth points for the company. According to calculations, both revenue and net income attributable to the parent company in the second quarter increased year-on-year and quarter-on-quarter, and the revenue of internet of things chips achieved a new quarterly high. In addition to the growth of memory interface and module supporting chip revenue, the company's three AI "power" chip new products benefited from the demand for artificial intelligence, achieving revenue of 0.13 billion yuan, with a significant MoM growth. Considering the smooth shipment of the company's new products, we maintain our "outperforming the market" rating.
国信证券：澜起科技新产品规模出货顺利，维持“优于大市”评级
Guosen Securities: Montage Technology's new product shipments are smooth, maintaining an 'outperform the market' rating.
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