Aehr Test Systems Stock Discussion

Follow Our Official Telegram Channel tynkrlab
$Dow Jones Industrial Average (.DJI.US)$ rose by 0.59% to a new record high, closing at 41,211.12. In contrast, the $S&P 500 Index (.SPX.US)$ fell by 1.39%, and the $Nasdaq Composite Index (.IXIC.US)$ dropped by 2.76%. Tech stocks faced significant pressure, contributing to the mixed market performance.
Key Drivers
1. Strong Performers: $UnitedHealth (UNH.US)$, $Johnson & Johnson (JNJ.US)$, and $Cisco (CSCO.US)$ l...

$Aehr Test Systems (AEHR.US)$
Aehr Test System Shares Climb On Strong Q2 Results, Forward Guidance, Acquisition, Order Announcements
▪️Aehr reported quarterly earnings of 84 cents per share which beat the analyst consensus estimate of 10 cents by 740%.
▪️Quarterly sales came in at $16.6 million, which beat the analyst consensus estimate of $15.442 million by 7.5%.
▪️Bookings were $4 million for the quarter and backlog as of May 31, 2024, was $7.3 million.
▪️Effective backlog, which include...

$Aehr Test Systems (AEHR.US)$
Aehr Test Systems to Acquire Incal Technology, Expanding its Addressable Market Within the Rapidly Growing AI Semiconductor Market
Aehr Test Systems (NASDAQ:AEHR) has announced its acquisition of Incal Technology, Inc., a manufacturer of packaged part reliability/burn-in test solutions for AI semiconductors.
The $21 million deal expands Aehr's product portfolio to include ultra-high-power capabilities for AI accelerators, GPUs, and HPC processors. This strategic...

$Aehr Test Systems (AEHR.US)$ Aehr Receives $12.7 Million in Orders for FOX WaferPak(TM) Full Wafer Contactors to Support Production of Silicon Carbide Power Devices for Electric Vehicles