Movement Alert|Aehr Test Rises 8.02% in Regular Trading, Oversold Rebound Continues Supported by AI Data Center Order Fundamentals

Market Focus08-03

On August 3, Aehr Test rose 8.02% in regular trading, trading at $86.215/share, with turnover of $48.30 million. The stock continues its technical rebound following a shelf registration filing on July 28 that triggered a 15%+ sell-off into oversold territory.

Fundamental support remains strong. The company's Q4 earnings reported in mid-July showed single-quarter new orders hitting an all-time high, with AI data center business contributing 71% of full-year revenue. Analysts raised their target price to $125, reinforcing bullish sentiment. The business has undergone a dramatic transformation — two years prior, over 95% of revenue came from EV silicon carbide testing, whereas AI accelerator, CPU, and network processor wafer-level burn-in testing now serves as the primary growth engine.

Within the Semiconductor Equipment sector, ASML Holding up 0.46%, Applied Materials up 0.39%, AXT Inc up 8.37%, while Lam Research down 1.25% and KLA Corporation down 1.68%.

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