Reported 1 day ago
Aehr Test Systems saw its stock rise by 35.5% in June due to positive developments in artificial intelligence (AI) and growth in new revenue streams beyond its core silicon carbide wafer-level burn-in market, which is notably influenced by the electric vehicle sector. The company's strategy to diversify and capitalize on AI processor burn-in and gallium nitride semiconductors has positioned it favorably in the market, alleviating some reliance on the slowing EV market.
Source: YAHOO