ACM Research Stock Soars 162% as One Fund's $78 Million Bet Signals Confidence in Chip Equipment Demand

Company Overview - ACM Research is a technology company specializing in advanced cleaning and plating equipment for the semiconductor industry, leveraging proprietary technologies to meet the complex requirements of leading-edge chip fabrication [8] - The company generates revenue primarily through direct sales and third-party representatives under the Ultra C brand, targeting advanced wafer cleaning and plating solutions for global semiconductor manufacturers [9] - As of the latest data, ACM Research has a market capitalization of $2.59 billion, revenue of $880.35 million, and net income of $117.11 million [5] Investment Activity - Triata Capital increased its stake in ACM Research by 413,000 shares during the third quarter, resulting in a total holding of 2 million shares valued at $78.39 million [2][3] - This acquisition raised the position value by approximately $37.20 million compared to the previous quarter, making ACM Research the fourth-largest holding in Triata's portfolio, accounting for 9.15% of its 13F AUM [4][6] - As of September 30, Triata Capital reported total U.S. equity holdings of $856.81 million across 15 reportable positions [3] Stock Performance - ACMR shares were priced at $39.86, reflecting a remarkable increase of 162% over the past year, significantly outperforming the S&P 500, which rose about 15.5% during the same period [4]