On June 11, Aehr Test Systems rose 8.02% in regular trading, trading at $100.98/share, with turnover of approximately $109 million. On the news front, the company's previously announced $41 million AI chip test order continues to underpin the stock's fundamental outlook, while management recently disclosed that a top-tier AI chip customer's benchmark test — lasting over six months — has been successfully completed with positive feedback, strengthening expectations for subsequent large-scale orders. CEO has indicated that more details will be shared at the July 14 earnings call.
At the sector level, semiconductor equipment stocks rallied broadly, with Lam Research up 11.42%, KLA-Tencent up 11.77%, Applied Materials up 9.92%, ASML up 8.14%, and Teradyne up 7.58%. The stock had previously experienced a cumulative decline exceeding 16% over June 4-5 due to sector-wide profit-taking following a rapid rally from the $91.91 low on May 30 to above $115. The ongoing oversold recovery momentum, combined with sector-wide strength and the stock's inherent small-cap high-volatility characteristics, amplified its upside relative to the industry average.
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