ACM Research, Inc. develops, manufactures and sells wafer and panel processing equipment for semiconductor manufacturing and advanced packaging applications. Company news commonly covers financial results, shipment trends, customer orders, and product introductions across cleaning, electroplating, stress-free polishing, vertical furnace, track, PECVD, and wafer- and panel-level packaging tools.
Recurring updates also include ACM’s ACM Planetary Family product organization, advanced packaging platforms, global customer activity, production-capacity initiatives, and disclosures involving ACM Research (Shanghai), Inc., the company’s principal operating subsidiary listed on the Shanghai Stock Exchange STAR Market.
ACM Research (NASDAQ: ACMR) announced management’s participation in the 18th Annual CEO Investor Summit on October 13, 2026, in San Francisco. The event will take place at the St. Regis Hotel and feature small-group meetings with participating management teams. Presentation materials will be available on ACM’s investor relations events page.
ACM Research (ACMR) announced its operating subsidiary ACM Shanghai reported backlog of RMB 17.1 billion as of September 29, 2026. This represented an 88.2% year-over-year increase over the prior year's disclosed backlog, with a reference value of USD $2.5 billion.
Backlog includes shipped tools not yet recognized as revenue under Chinese accounting rules and orders expected to ship later. It is not a recognized accounting measure, and orders may not generate the estimated revenue. ACM will report preliminary nine-month results on October 28, 2026, before the U.S. market opens, and full third-quarter results in early November.
ACM Research (NASDAQ: ACMR) announced the expansion of its Ultra C Tahoe into a multi-process wet processing platform for advanced logic and memory manufacturing. The platform combines batch and single-wafer processes in one architecture to support advanced wet etch, cleaning and drying applications.
The expanded Ultra C Tahoe adds monitor wafer reclaim and bench N2 bubbling for etch processes including silicon nitride, polysilicon, tungsten and silicon-germanium. According to ACM Research, it is adopted by multiple leading chipmakers, achieves fewer than 6 particles at 26 nm, reduces sulfuric acid use by up to 75%, and is already running Tahoe Recycle in volume production.
ACM Research (NASDAQ: ACMR) announced it has received two orders for its proprietary Ultra ECP ap-p horizontal panel-level electroplating tool from advanced packaging customers. The first is a production order for one 510 × 515 mm system from an existing mainland China customer, scheduled for delivery in the first half of 2027. The second is an evaluation order for one 310 × 310 mm system from a new leading panel manufacturer in Asia, with delivery planned for the fourth quarter of 2026.
According to ACM, the Ultra ECP ap-p, which it believes is the world’s first commercial horizontal panel-level copper deposition system for the large-panel market, supports multiple panel formats and metals, and incorporates features aimed at enhancing plating uniformity, process stability and efficiency in advanced packaging.
ACM Research (NASDAQ: ACMR) reported second quarter 2026 revenue of $292.9 million, up 36.0% year over year, driven by higher sales of ECP, furnace, other technologies, advanced packaging, and services & spares. GAAP gross margin was 46.0% versus 48.5% a year ago, above the mid-point of its long-term 42%–48% target range.
GAAP operating income rose to $49.7 million from $31.7 million, and GAAP net income attributable to ACM Research increased to $89.0 million from $29.8 million, helped by a $69.6 million unrealized gain on short-term investments. Non-GAAP net income attributable to ACM Research was $44.5 million versus $37.3 million. Diluted EPS was $1.23 (non-GAAP $0.61) compared with $0.44 (non-GAAP $0.55).
Cash, restricted cash and short-term time deposits totaled $1.36 billion at June 30, 2026, with net cash of $1.0 billion. Total shipments reached $281.5 million, up 36.4%. ACM raised its full-year 2026 revenue outlook to $1.125–$1.175 billion, implying 25%–30% growth, and highlighted milestones including shipment of its 2,000th electroplating chamber and new orders for its Ultra ECP ap-p panel-level tools.
ACM Research (NASDAQ: ACMR) will release its financial results for the second quarter ended June 30, 2026 before the U.S. market opens on Friday, August 7, 2026. A conference call and webcast to discuss the results will be held at 8:00 a.m. U.S. Eastern Time.
AXT (NasdaqGS: AXTI) appointed Tracy Liu to its Board of Directors, effective June 17, 2026, expanding the board from four to five members.
Liu brings over 30 years of business advisory, tax strategy, and accounting experience, including Big Four tenure and extensive work with semiconductor companies in the United States and Asia-Pacific.
ACM Research (NASDAQ: ACMR) reported Q1 2026 results: revenue $231.3M (+34.2% YoY) and shipments $240.7M (+53.6% YoY). GAAP net income was $17.3M and diluted EPS was $0.24. ACM reiterated 2026 revenue guidance of $1.08B–$1.175B (21%–30% growth).
Gross margin was 46.4% and cash, restricted cash and short-term deposits totaled approximately $1.25B at March 31, 2026.
ACM Research (NASDAQ: ACMR) shipped its first plasma-enhanced chemical vapor deposition (PECVD) silicon carbonitride (SiCN) system on April 27, 2026, to a leading semiconductor manufacturer for site validation.
The Saturn Series three-station rotating deposition architecture with One Station, One RF offers independent plasma control, targets BEOL at 55nm and below, and aims to address advanced packaging needs including diffusion barriers, etch stop layers, and wafer-level bonding.
ACM Research (NASDAQ: ACMR) announced preliminary unaudited Q1 2026 revenue of $225M–$230M (up ~31%–33% YoY) and total shipments of $233M–$238M (up ~49%–52% YoY). The company reaffirmed its 2026 revenue outlook of $1.08B–$1.175B (up ~20%–30% YoY). Results remain subject to quarter-end close and independent review. ACM holds an approximate 74% equity interest in ACM Shanghai, which accounts for a substantial majority of consolidated results.