澜起科技-不止是中国云芯片代理；恢复 A 股评级、给予港股 OW（增持）评级

March 17, 2026 09:23 PM GMT Montage is a beneficiary of semi localization in China and datacenter upgrade initiatives. With its competitive product offerings, Montage is well positioned to capture upside from any future global AI demand surge. Montage is China's only pure datacenter player: 96% of its revenue was generated from interconnect chips as of 3Q25, mainly memory interconnect chips for server DRAM. Founded in 2004, Montage is a China-based IC design house with leading positions in DRAM memory and P ...