AEM Holdings Ltd. (AWX.SI) saw its shares soar 3.17% in intraday trading on Friday, driven by positive news regarding the company's supplier recognition from Intel.
The semiconductor test solutions provider announced that it has received the 2026 Intel EPIC Supplier Award, Intel's highest supplier recognition for performance, innovation and collaboration within its global supply chain. The award places AEM among 41 suppliers selected from thousands worldwide for excellence in quality, technology innovation, operational performance and continuous improvement.
CEO Samer Kabbani noted that advances in artificial intelligence are accelerating requirements for new test architectures, power density and thermal technologies, expressing confidence in expanding collaboration with Intel and Intel Foundry Services. This recognition likely boosted investor confidence in AEM's market position and future growth prospects.