On June 13, Aehr Test Systems rose 8.32% in regular trading, trading at $111.7/share, with turnover of approximately $119 million.
On the news front, the company's previously secured $41 million AI chip testing mega-order continues to provide fundamental support for the stock. Management recently disclosed that a top-tier AI chip customer's benchmark testing, which lasted over six months, has been successfully completed with positive feedback, strengthening expectations for subsequent large-scale orders. CEO indicated that more details will be shared at the July 14 earnings call.
The stock had experienced a cumulative decline of over 16% on June 4-5, and the ongoing oversold recovery momentum has been driving the rebound. Combined with its small-cap, high-volatility characteristics, the gain has significantly outpaced the sector average. Within the Semiconductor Equipment sector, performance was mixed, with Teradyne up 5.55%, KLA-Tencor up 4.77%, Applied Materials up 2.51%, Lam Research up 1.95%, while ASML fell 1.53%.
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