On June 29, ACM Research rose 7.15% in regular trading, trading at $115.38/share, with turnover of $26.06 million. The semiconductor equipment sector rallied broadly, rebounding from the prior session's selloff.
On the news front, the semiconductor equipment sector strengthened collectively, with Applied Materials up 4.25%, Lam Research up 3.02%, KLA-Tencor up 2.56%, and ASML up 0.9%. As a leading provider of wet cleaning and electroplating equipment, ACM Research reported Q1 new order bookings growing 65% year-over-year, with backlog orders approaching RMB 17 billion. Electroplating equipment accounted for approximately 30% of new orders. The company maintained full-year revenue guidance of RMB 8.2 billion to 8.8 billion. Additionally, 129 institutional investors recently conducted intensive research visits, reflecting significantly elevated capital attention amid sustained sector prosperity.
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