Why Shares in Aehr Test Systems Shot Higher by 25% Today (Hint: It's AI Related)
Aehr Test(AEHR) The Motley Fool·2024-12-17 12:30Shares in Aehr Test Systems (AEHR 25.67%) were up nearly 25% by midday on Monday. The startling increase comes on the day the company announced a landmark $10 million in initial production orders for semiconductor test and burn-in equipment (whereby semiconductors are tested under electrical stress) for an artificial intelligence (AI) customer.Why the deal mattersIt's important for three reasons. First, the size of the deal is significant, not least for a company estimated by Wall Street analysts to generat ...