Why Aehr Test Systems Rocketed 18% Higher Today
Aehr Test(AEHR) The Motley Fool·2024-10-11 18:06
An earnings beat and upbeat commentary sent Aehr's beaten-down shares higher.Shares of Aehr Test Systems (AEHR 20.83%) rallied 18% Friday, as of 1:43 p.m. ET.The maker of wafer-level test and burn-in devices reported earnings for its August quarter yesterday, beating expectations. But more important than reported results was management's commentary that Aehr is penetrating new markets, especially artificial intelligence (AI) accelerators.Aehr is a small cap with a big opportunityLast night, Aehr reported ea ...