On July 1, ACM Research fell 5.03% in pre-market trading, trading at $120.16 per share, with turnover of $1.1412 million.

The semiconductor equipment sector saw broad-based weakness, with Applied Materials down 4.50%, Lam Research down 4.61%, KLA-Tencor down 3.55%, Teradyne down 3.67%, and ASML Holding down 2.58%. The sector pullback follows two consecutive sessions of collective strength, during which ACM Research surged approximately 13.76% on June 29 and added another 5.06% on June 30, driven by robust industry sentiment and strong fundamentals.

As a leading provider of wet cleaning and electrochemical plating equipment, ACM Research reported Q1 new orders up 65% year-over-year, with backlog near RMB 17 billion. The company maintained its full-year revenue guidance of RMB 8.2 billion to 8.8 billion. The pre-market decline appears consistent with sector-wide profit-taking following the recent sharp rally across semiconductor equipment names.

(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.)