未知机构：国信电子澜起科技推荐阿里旗下机构成为基石投资者多款运力芯片顺应AI大趋势-20260203

Summary of Conference Call Records Company and Industry Involved - The records pertain to CXL technology and AI chip development within the semiconductor industry. - The company mentioned is 澜起科技 (Lianqi Technology), which is involved in the development of various chips including CXL and PCIe technologies. Core Points and Arguments - Investment and Listing: The company went public on February 9, raising up to 70 billion HKD with a share price not exceeding 106.89 HKD. Key cornerstone investors include AlisoftChina (an Alibaba subsidiary) and 华勤通讯 (Huaqin Communication) [1] - CXL Memory Pooling: Alibaba Cloud is advancing CXL memory pooling technology, showcasing a new architecture for large model inference at the 2026 PolarDB Developer Conference. This architecture is designed for elastic scaling and cross-machine sharing for AI applications [1] - CXL Alliance Participation: Alibaba Cloud is a founding member of the CXL Alliance, promoting solutions related to memory pooling, heterogeneous interconnects, and AI inference optimization across various business scenarios [1] Product Development Progress - CXL3.1 MXC Chip: The company is on track to launch the CXL3.1 MXC chip in 2025, which supports both CXL.mem and CXL.io protocols. Samples have been sent to major clients for testing [2] - PCIe Retimer Chip: The company is also set to release a PCIe6.x/CXL3.x Retimer chip in 2025, with successful sample deliveries [2] - Clock Chips: Clock buffer and spread spectrum oscillator products have entered the customer sampling phase [2] Market Demand and Future Outlook - Increased Demand for Memory Interface Chips: The company anticipates a significant increase in shipments of DDR5 memory interface and module chips due to rising demand driven by the AI industry. The expected order value for the second-generation MRDIMM chips is over 140 million RMB as of October 27, 2025 [3] - MRDIMM Penetration: The company is optimistic about the penetration rate of the second-generation MRDIMM, indicating a positive outlook for future sales and market growth [3]