FREMONT, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. "2023 was another pivotal year in ACM's mission to become a major supplier to the global semiconductor industry," said ACM's President and Chief Executive Officer, Dr. David Wang. "We grew revenue by 43%, w ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _____________ Commission file number: 001-38273 ACM Research, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 94-3290283 (State o ...

ACM Research (ACMR) is set to report its fourth-quarter 2023 results on Feb 28.The Zacks Consensus Estimate for revenues is pegged at $147.09 million, indicating an increase of 35.5% from the year-ago quarter’s reported figure.The consensus mark for fourth-quarter earnings has remained steady at 10 cents per share in the past 30 days, suggesting a decline of 47.4% from the figure reported in the year-ago quarter.Let’s see how things have shaped up for this announcement.Factors to WatchACM Research’s fourth- ...

Identifying potential game-changing stocks is a formula for maximizing returns. Below are three stocks that hold the potential to transform and attain exponential growth. Each are creating tidal shifts in their respective industries.The first one is a solid consumer finance stock, offering a potent blend of financial services and cutting-edge tech that are challenging traditional banking. The second is a semiconductor supplier with leading cleaning solutions and global market share, delivering fat gross mar ...

Some Chinese semiconductor stocks could deliver great returns for investors. These companies are deeply entrenched in the semiconductor industry, playing pivotal roles in the design, manufacturing and supply of essential components for a wide array of technological applications. From consumer electronics to automotive technologies and industrial machinery, the reliance on semiconductor products continues to grow. I also feel that the growth prospects of these companies in China could be higher than those fo ...

While exploring investment opportunities, identifying stocks with the potential for exponential growth takes a lot of energy. Amidst the ongoing flux of markets, certain stocks offer the possibility of transforming modest investments into substantial gains.Here are three stocks to buy, each presenting a compelling case to amplify portfolio returns. These companies span semiconductor equipment, financial services and cybersecurity. They maintain remarkable revenue growth by employing strategic diversificatio ...

In the stock market, there is always a constant search for the next big opportunity that may uplift investments into substantial gains. The article lists three next-generation stocks where innovation is instrumental to gaining a market edge. These stocks may redefine the investment space. Each represents a pillar of technological advancement in its respective fields. They are edging into IT, semiconductor technology, and infrastructure development. The first one has ingenious user-monetization strategies. T ...

If history is any guide, there’s more growth in store for the top Nasdaq stocks. Last year’s gains obliterated the dismal returns of 2022 and should continue running higher this year. Why? Bull markets tend to go on for years, and bear markets are measured in months.Over the past 52 years, the Nasdaq Composite has only once had consecutive years of negative returns. The dot-com implosion of 2000 set the index back for three straight years. After every other downturn, the tech-heavy benchmark cobbled togethe ...

Group 1: Small-Cap Stocks Overview - Small-cap stocks are positioned for outsized returns, particularly in bull markets, but may underperform in bear markets [1] - Investors are encouraged to consider small-cap stocks for potential triple-digit returns by 2026 [1] Group 2: Navitas Semiconductor (NVTS) - Navitas Semiconductor has seen a nearly 20% increase in stock price, reaching $6.79 per share, driven by the SiC chip boom and gallium nitride-based semiconductor growth prospects [2] - The company aims to innovate the semiconductor industry with technology that offers advantages over silicon carbide chips, focusing on energy storage and EV markets, with growing interest in consumer electronics [2] - In Q3 2023, Navitas reported a 115% year-over-year revenue increase to $122 million and secured a major supply deal with Samsung for the Galaxy S23 [3] Group 3: ACM Research (ACMR) - ACM Research is expected to benefit from the recovery in the wafer fabrication equipment market in the upcoming quarters [4] - The company reported a 26% year-over-year revenue increase to $168.6 million, with net income rising by 22% due to spending on mature nodes [5] - Management projects revenue for FY24 in the range of $650 million to $725 million, indicating approximately 30% year-over-year growth [5] Group 4: Sterling Infrastructure (STRL) - Sterling Infrastructure, an infrastructure and construction company, saw its stock more than double in 2023 due to strong revenue and EPS growth [6] - The company specializes in e-infrastructure, transportation, and building solutions, benefiting from the Bipartisan Infrastructure Bill, which allocates up to $65 billion for U.S. infrastructure enhancement [6] - In Q3 2023, EPS surged 26% year-over-year to $1.26 per share, with a backlog exceeding $2 billion, indicating strong demand for infrastructure projects [7]

Certain must-buy tech stocks emerge as shining stars in tech investments, promising substantial returns and growth potential. Among these, three technology giants, particularly, are showing strong growth in the semiconductor and AI sectors. With demand for top-class technology only continuing to rise further, these companies are set to cash in on trends in the market.The first one has groundbreaking advancements in process technology. Meanwhile, the second one has rapid expansion fueled by increasing demand ...