Acm Research Stock Price, News & Analysis

ACM Research (NASDAQ: ACMR) announced the qualification of its Single-Wafer High-Temperature Sulfuric Peroxide Mixture (SPM) tool by a major logic device manufacturer in China. The company has delivered SPM tools to thirteen customers, featuring a proprietary nozzle design that prevents acid mist splatter and improves system performance.

The tool supports wet etching and wafer cleaning for both front- and back-end processes at 28-nanometer and below technology nodes. It operates at various temperature ranges, from 90°C for sulfuric acid cleaning to 190°C for metal lift-off processes. Key features include a multi-level heating method maintaining temperatures above 230℃ and superior particle control with fewer than 10 particles at 26nm.

The system includes an inline chemical mixing system and can be integrated with ACM's SAPS and TEBO megasonic technologies for enhanced organic contaminant removal.

ACM Research (NASDAQ: ACMR) reported strong financial results for Q4 and FY 2024. Revenue reached $782.1 million for the full year, up 40.2%, with Q4 revenue of $223.5 million, up 31.2% year-over-year. The company achieved a gross margin of 50.1% and operating income of $151.0 million, up 57.6%.

Total shipments in 2024 increased by 63.1% to $973 million. The company achieved process qualification of its Thermal and Plasma-Enhanced ALD furnace tools at two semiconductor customers in mainland China and commenced operations at its Lingang production facility.

For fiscal year 2025, ACM maintains its revenue guidance of $850-950 million and has updated its long-term gross margin target range to 42-48%. Despite being added to the U.S. Entity List, management believes the impact on ACM Research (Shanghai)'s production capabilities will be manageable.

ACM Research (NASDAQ: ACMR) has announced it will release its fourth quarter and fiscal year 2024 financial results before the U.S. market opens on Wednesday, February 26, 2025. The company will host a conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) on the same day to discuss the results.

Participants can join the conference call via telephone by completing an online pre-registration process, which will provide dial-in information and a PIN for access. Alternatively, participants can join the webcast through the company's investor relations website at ir.acmr.com/news-events. Both live and archived versions of the webcast will be available on ACM's website.

ACM Research (NASDAQ: ACMR) has updated its 2024 revenue outlook to $755-770 million, up from the previous guidance of $725-745 million announced in November 2024. The company also provided its initial 2025 revenue projection of $850-950 million.

The outlook considers various factors including international trade policies, customer spending scenarios, supply chain constraints, and field evaluation timing of first tools. CEO Dr. David Wang expressed confidence in continued growth from mainland China customers in 2025, highlighting contributions from single-wafer SPM, Tahoe, Furnace, and other new products. He noted that new U.S. component export restrictions on ACM Shanghai's tool production appear manageable, while emphasizing the company's commitment to expanding beyond the Chinese market.

ACM plans to release its Q4 and full-year 2024 financial results in late February 2025, with the current outlook being preliminary and subject to audit.

ACM Research (NASDAQ: ACMR) addressed recent U.S. export regulation updates affecting semiconductor operations in China. On December 2, 2024, the U.S. Department of Commerce's BIS implemented additional controls on exports to China related to advanced IC products and manufacturing equipment. ACM Shanghai and its subsidiaries in China and Korea were added to the Entity List, while ACM and its direct subsidiaries outside mainland China were not affected.

The company believes the impact on their supply chain and ACM Shanghai's production capabilities will be minimal due to alternative sources. While sales outside China should remain unaffected, the impact on PRC customers will depend on their spending plans under the new regulations. ACM plans to release preliminary 2024 results and 2025 revenue outlook in January.

ACM Research (NASDAQ: ACMR) announced the qualification of two key semiconductor manufacturing tools: the Ultra Fn A Plasma-Enhanced Atomic Layer Deposition (PEALD) Furnace and the Ultra Fn A Thermal Atomic Layer Deposition (Thermal ALD) Furnace. Both tools have achieved process qualification at mainland China semiconductor customers, with the PEALD tool entering mass production.

Both configurations feature a six-unit system capable of batch processing up to 100 300mm wafers, including four loadport systems with oxygen concentration control. The PEALD tool specializes in ultra-thin silicon nitride film deposition, featuring double-layer tube technology for improved uniformity. The Thermal ALD tool focuses on silicon carbon nitride film deposition, offering atomic-level accuracy and enhanced film hardness through precise carbon doping.

ACM Research (NASDAQ: ACMR), a leading supplier of wafer processing solutions, announced its participation in the 13th Annual NYC Summit 2024. The event will take place on Tuesday, December 17, 2024, at Mastro’s Steakhouse New York. The presentation materials used by ACM will be available on the events page of ACM’s website.

ACM Research (NASDAQ: ACMR) reported strong Q3 2024 results with record revenue of $204 million, up 21% year-over-year. The company achieved a gross margin of 51.4% and diluted EPS of $0.45. Total shipments reached $261 million, up 23% from Q3 2023. ACM has raised its fiscal year 2024 revenue guidance to $725-745 million from the previous $695-735 million range. The company's Ultra C Tahoe cleaning tool achieved a major breakthrough, now matching single-wafer cleaning tool performance while reducing chemical consumption by up to 75%. ACM also expanded its U.S. presence with a new Oregon facility purchase and opened a new R&D facility in Lingang, China.

ACM Research announced significant improvements to its Ultra C Tahoe Cleaning tool for semiconductor manufacturing. The enhanced system combines batch wafer processing and single wafer cleaning chambers, achieving performance comparable to standalone tools while reducing chemical consumption by up to 75%. The upgrade delivers cost savings up to $500,000 annually from sulfuric acid alone. The tool now features a 25-slot bench module and nine single-wafer chambers, achieving throughput exceeding 200 wafers per hour. Currently in production at several facilities in mainland China, the system achieves average particle counts below 6 at 26nm, meeting advanced node manufacturing requirements.