On June 17, Aehr Test Systems rose 10.67% in regular trading, trading at $118.981/share, with turnover of $23.92 million.
On the news front, the company announced it received a follow-on production order for a fully automated FOX-XP wafer-level burn-in system from a major supplier to the data center optical transceiver market. The system, capable of testing nine wafers simultaneously and including a WaferPak Auto Aligner and FOX WaferPak Contactors, is expected to be delivered within the next six months.
Additionally, the previously secured $41 million AI chip testing order continues to provide fundamental support. Management disclosed that a top-tier AI chip customer completed over six months of benchmark testing with positive feedback, strengthening expectations for subsequent large-scale orders. CEO is expected to provide further details at the July 14 earnings call.
The semiconductor equipment sector rallied broadly on the same day, with Applied Materials up 6.44%, ASML up 5.49%, Lam Research up 5.13%, and KLA up 3.66%, creating sector-wide momentum that further amplified the stock's gains given its small-cap, high-volatility characteristics.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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