Acm Research Stock Price, News & Analysis

ACM Research (ACMR) has secured two orders for its Ultra C SAPS V 12-chamber cleaning tools from a major U.S. semiconductor manufacturer. The first tool is set for evaluation in Q1 2022, while the second will support high-volume production in Q2 2022. This marks a significant step in ACM's globalization strategy, demonstrating its ability to meet advanced performance specifications. The proprietary SAPS technology enhances cleaning efficiency, targeting 1xnm DRAM devices and beyond, which could lead to more significant business opportunities with major customers.

ACM Research, Inc. (NASDAQ: ACMR) announced that its subsidiary, ACM Research (Shanghai), Inc., has successfully completed its IPO, with trading commencing on the Shanghai Stock Exchange's STAR Market on November 18, 2021. ACM Shanghai issued 43,355,753 shares at RMB 85.00 each, raising approximately RMB 3.685 billion (about US$577 million). Post-IPO, ACM retains about 82.5% ownership in ACM Shanghai. CEO Dr. David Wang highlighted that the IPO marks a significant milestone, aiming to expand market opportunities and invest in R&D, targeting an addressable market exceeding $10 billion.

ACM Research, Inc. (ACMR) is set to participate in several virtual investor conferences: the 12th Annual Craig-Hallum Alpha Select Conference on November 16, the Benchmark Company Technology One-on-One Investor Conference on November 17, and the Roth 10th Annual Technology Conference on November 18, 2021.

During these events, management will engage in one-on-one and group meetings with institutional investors. For inquiries, investors can contact their institutional sales representatives.

ACM Research reported strong Q3 2021 results with revenue of $67 million, a 40.6% increase from Q3 2020. Gross margin improved to 44.3%, while net income rose to $10.2 million. The company expects 2021 revenue between $230 million and $240 million, adjusting from a prior range due to stable market conditions. Key orders from major semiconductor manufacturers and an upcoming IPO on the STAR Market in Shanghai are highlighted as significant developments.

ACM Research (ACMR) has announced the IPO pricing of its subsidiary, ACM Research (Shanghai), Inc. on the STAR Market. The offering will include 43,355,753 shares, representing 10% of total shares post-IPO, with a proposed price of RMB 85.00 per share. This could yield approximately RMB 3.685 billion (around US$575 million). ACM will retain 82.5% of ACM Shanghai's shares post-offering. The IPO is scheduled for subscription on November 8, 2021, with listing anticipated on November 18, 2021.

ACM Research (ACMR) has secured two orders for its Ultra C pr wet stripping system from a major global integrated device manufacturer. The tools will be utilized in a China-based advanced packaging facility for efficient photoresist removal. The first unit was delivered in October 2021, while the second is expected in Q1 2022. This marks ACM's initial WLP wet tool orders from a significant global player, reinforcing its technology's acceptance in the market. The Ultra C system boasts high efficiency and precise control, enhancing productivity in semiconductor manufacturing.

ACM Research, Inc. (NASDAQ: ACMR) has announced updates on its subsidiary ACM Research (Shanghai), Inc.'s IPO on the STAR Market. The offering will consist of 43,355,753 shares, representing 10% of the company, with pricing inquiries set for November 3, 2021. Financial results indicate significant growth, with revenue of RMB 625.3 million and net profit of RMB 89.7 million for H1 2021, up from RMB 355.6 million and RMB 37.6 million respectively in H1 2020. The listing is expected to commence trading on November 18, 2021.

ACM Research, Inc. (NASDAQ: ACMR) will release its financial results for Q3 2021 on November 4, 2021, post-market close. A conference call is scheduled for November 5, 2021, at 8:00 a.m. ET to discuss these results. Participants are advised to dial in 10 minutes early, using passcode 8233909. The earnings call will be accessible via a live webcast on the company's investor relations website. ACM Research specializes in manufacturing semiconductor process equipment essential for advanced device manufacturing.

ACM Research, Inc. (ACMR) announced an order for its Ultra C SAPS frontside cleaning tool from a major global semiconductor manufacturer. This unit will be installed in the client's China-based development fab in Q1 2022. CEO Dr. David Wang highlighted the significance of this evaluation order, noting its potential to enhance the customer’s R&D capabilities and production processes. The SAPS technology provides uniform megasonic energy application for thorough cleaning without damaging devices.