Acm Research Stock Price, News & Analysis

ACM Research (NASDAQ: ACMR) announced delivery of its first commercial panel electroplating tool, the Ultra ECP ap-p, to an industry-leading panel fabrication customer on Nov 16, 2025.

The system is described as the first commercial panel-level copper deposition platform for large panels, supporting Cu, Ni, SnAg and Au plating and plating steps for pillar, bump, and RDL processes. Key features include high-speed Cu paddles for pillars >300 microns, a four-sided sealing dry contact chuck, in-cell rinse to reduce cross-contamination, and a horizontal design with a rotating square electrical field for uniform deposition.

ACM Research (NASDAQ: ACMR) reported third quarter 2025 results on November 5, 2025: revenue $269.2M (+32% YoY), GAAP net income attributable $35.9M and diluted EPS $0.52. Gross margin declined to 42.0% from 51.4% a year earlier. Cash and equivalents plus deposits rose to $1,098.3M at Sept. 30, 2025, following ACM Shanghai’s private offering which raised net proceeds of approximately $623M.

The company narrowed 2025 revenue guidance to $875M–$925M, shipped its first Ultra Lith KrF Track system, and plans first panel-level horizontal plating system delivery in Q4 2025.

ACM Research (NASDAQ: ACMR) expects preliminary unaudited Q3 2025 revenue of $264M–$267M, implying year-over-year growth of 29%–31%. Preliminary total shipments are expected at $257M–$262M, a year-over-year change of flat to down 2%. Results remain subject to quarter-end close and independent audit review.

ACM holds a 74.6% equity interest in ACM Shanghai, which contributes a substantial majority of consolidated revenue and net income; ACM Shanghai reports in RMB under Chinese GAAP and its standalone figures will differ from ACM’s US GAAP consolidated results. An earnings call is scheduled for Nov 5, 2025 at 8:00 AM ET.

ACM Research (NASDAQ: ACMR) will release its third quarter 2025 financial results before the U.S. market open on Wednesday, November 5, 2025.

The company will host a concurrent earnings conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss results. A live webcast and archived replay will be available on ACM’s investor website at www.acmr.com and at ir.acmr.com/news-events/events.

Telephone participants must complete online pre-registration to receive dial-in details and a PIN; those who do not pre-register can join via the webcast link.

ACM Research (NASDAQ: ACMR)'s operating subsidiary, ACM Shanghai, has reported significant growth in its backlog figures. As of September 29, 2025, the total backlog reached RMB 9,071.5 million (USD $1,271.6 million), marking a substantial 34.1% increase year-over-year.

The backlog includes both shipped tools pending revenue recognition under Chinese GAAP and future shipment orders. ACM Shanghai will release its complete financial results for the nine months ended September 30, 2025, on October 29, 2025, after the Chinese market close. ACM will announce preliminary results the same day before U.S. market open, with full Q3 2025 results and a conference call scheduled for early November 2025.

ACM Research (NASDAQ: ACMR)'s operating subsidiary, ACM Research Shanghai, has completed a private offering of 38,601,326 ordinary shares on China's STAR Market at RMB 116.11 per share. The offering raised gross proceeds of RMB 4.5 billion (US$630 million) and net proceeds of RMB 4.4 billion (US$624 million) after expenses.

The funds will support research and development, capital expenditures, and working capital. The shares were allocated to 17 qualified investors and are subject to a six-month lock-up period. Following the offering, ACM's equity stake in ACM Shanghai will decrease from 81.1% to approximately 74.5%, though ACM will remain the controlling shareholder.

ACM Research (NASDAQ: ACMR) will be added to the S&P SmallCap 600 index effective prior to market opening on September 26, 2025. The addition comes as WK Kellogg (NYSE: KLG) is being removed from the index due to its pending acquisition by The Ferrero Group.

ACMR will join the index under the Information Technology sector, replacing KLG which was previously listed under Consumer Staples. The change will be implemented once the Ferrero Group's acquisition of WK Kellogg closes, subject to final conditions.

ACM Research (NASDAQ:ACMR), a provider of wafer processing solutions for semiconductor and advanced packaging applications, announced its participation in the upcoming 17th Annual CEO Investor Summit 2025. The event will take place on October 7th, 2025 at The Arrogant Butcher restaurant in Phoenix, Arizona.

Investors and interested parties will be able to access the presentation materials through the events page on ACM Research's investor relations website at ir.acmr.com.

ACM Research (NASDAQ: ACMR) has launched its first Ultra ECDP Electrochemical Deplating tool designed for wide bandgap compound semiconductor manufacturing. The innovative system specializes in electrochemical wafer-level gold etching with enhanced features including improved uniformity, smaller undercut, and superior gold line appearance.

The Ultra ECDP tool supports specialized processes such as Au bump removal, thin film Au etching, and deep-hole Au deplating, featuring integrated pre-wet and cleaning chambers. The system is specifically engineered to handle various substrates including silicon carbide (SiC), gallium arsenide (GaAs), and lithium phosphate, addressing growing demand from electric vehicles, 5G/6G communication, RF, and AI applications.