On July 6, Aehr Test Systems rose 8.43% overnight, trading at $76.3/share, with turnover of $270,300. The stock is rebounding from a sharp 17.13% decline on July 2 driven by systematic selling pressure across the semiconductor equipment sector.

The recovery is primarily fueled by a broad-based sector rebound, with KLA-Tencor up 6.46%, Lam Research up 5.6%, Teradyne up 5.16%, Applied Materials up 5.12%, and ASML up 4.0%, reflecting a collective oversold recovery across semiconductor equipment names.

On the fundamental side, the company previously secured a record-setting $41 million AI chip testing production order from a top hyperscale cloud customer, and in June received a follow-on order for a fully automated FOX-XP wafer-level burn-in system from a major data center optical transceiver supplier. Management disclosed that a leading AI chip customer completed over six months of benchmark testing, strengthening expectations for additional large orders ahead.

(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.)