Aehr Test Systems Shares Rise on Strong Earnings and Shift to AI Market
Shares of Aehr Test Systems (NASDAQ: AEHR) surged by 20.9% following a strong fourth-quarter earnings report, driven by record bookings in the AI processor market. The company reported $60.7 million in quarterly bookings, exceeding guidance ranges and signaling growth away from EV-related silicon carbide chips.
Topics: AI processors revenue growth semiconductors test equipment