Aehr Test Sys Stock Price, News & Analysis

Aehr Test Systems (NASDAQ:AEHR) announces its participation in the Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024, at the Four Seasons Hotel in Chicago. CEO Gayn Erickson and CFO Chris Siu will meet with investors to discuss Aehr's wafer level test and package part burn-in solutions for semiconductor production.

The company will highlight its recent acquisition of Incal Technology and new high power packaged part reliability/burn-in test solutions for the growing AI semiconductor market. Aehr's solutions cater to various semiconductor types, including silicon carbide for electric vehicles, gallium nitride for power conversion, and silicon photonics for data centers and 5G infrastructure. The adoption of these technologies is driving significant growth for Aehr Test.

Aehr Test Systems (NASDAQ:AEHR), a global supplier of semiconductor test and burn-in equipment, will participate in the 5th Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on August 21, 2024. CEO Gayn Erickson and CFO Chris Siu will host virtual investor meetings throughout the day.

The company plans to discuss its wafer level test and package part burn-in solutions for semiconductor production, including their recent acquisition of Incal Technology and new high-power packaged part reliability/burn-in test solutions. These innovations expand Aehr's addressable market within the rapidly growing artificial intelligence (AI) semiconductor sector.

Aehr's solutions cater to various semiconductor types, including silicon carbide devices for electric vehicles, gallium nitride devices for power conversion, and silicon photonics devices for data centers and 5G infrastructure. The adoption of these technologies is a significant growth driver for Aehr Test.

Aehr Test Systems (NASDAQ:AEHR) has completed its acquisition of Incal Technology, a manufacturer of packaged part reliability/burn-in test solutions used by leading AI semiconductor manufacturers. This acquisition expands Aehr's product portfolio and positions the company to capitalize on the rapidly growing AI semiconductor market.

The combination brings together Incal's high-power capabilities with Aehr's wafer level test and reliability solutions, creating a turn-key provider of reliability and testing solutions for AI semiconductors. The acquisition addresses the unique challenges of testing high-power AI devices, which can reach power levels of 1,000 watts or more.

Aehr sees a significant opportunity in the AI semiconductor market for both wafer level burn-in using their new high-power FOX multi-wafer production system and packaged part reliability screening.

Aehr Test Systems (NASDAQ:AEHR) has announced its acquisition of Incal Technology, Inc., a manufacturer of packaged part reliability/burn-in test solutions for AI semiconductors. The $21 million deal expands Aehr's product portfolio to include ultra-high-power capabilities for AI accelerators, GPUs, and HPC processors. This strategic move positions Aehr as a turn-key provider of reliability and testing solutions in the rapidly growing AI semiconductor market.

The acquisition combines Incal's high-power capabilities with Aehr's wafer level test solutions, addressing the unique challenges of testing very high-power AI devices. Incal's technology is already being used by leading AI industry players, and the merger is expected to accelerate growth and market share in the AI semiconductor test market.

Aehr Test Systems (NASDAQ:AEHR) has received $12.7 million in orders for multiple sets of WaferPak™ full wafer Contactors from a silicon carbide test and burn-in customer. These Contactors will be used for production of silicon carbide power semiconductors for electric vehicles. The WaferPaks are expected to be delivered over the next three months.

The orders highlight Aehr's ongoing partnership and the customer's need for wafer level burn-in and screening of new device designs. Aehr's proprietary WaferPak Contactors are unique to each customer's device design and adapt to changes in designs, wafer patterns, or sizes. The company remains enthusiastic about the silicon carbide market for electric vehicles, seeing it as a significant opportunity.

Aehr Test Systems (NASDAQ:AEHR) reported fiscal 2024 Q4 and full-year results, with record annual revenue of $66.2 million. Q4 net revenue was $16.6 million, with GAAP net income of $23.9 million ($0.81 per diluted share). Full-year GAAP net income reached $33.2 million ($1.12 per diluted share). The company benefited from a $20.8 million tax valuation allowance release. Aehr expects fiscal 2025 revenue of at least $70 million with net profit before taxes of at least 10%. The company highlighted growth opportunities in silicon carbide, AI processors, and gallium nitride markets. Aehr also announced the acquisition of Incal Technology to expand its AI processor testing capabilities.

Aehr Test Systems (NASDAQ: AEHR) has released preliminary unaudited financial results for its fiscal fourth quarter and full year ended May 31, 2024. The company reported fourth-quarter revenue of approximately $16.6 million and a GAAP net income of about $23.8 million, which includes a $20.8 million tax benefit from the release of the company's full income tax valuation allowance. For the full fiscal year, revenue reached around $66.2 million, and GAAP net income was approximately $33.1 million, surpassing previous guidance and analyst expectations. Despite a slowdown in electric vehicle (EV) demand affecting silicon carbide device shipments, Aehr achieved record annual revenue. CEO Gayn Erickson highlighted the company's engagement with new potential silicon carbide device suppliers and emerging opportunities in markets like silicon photonics and gallium nitride power semiconductors. Full financial results will be released on July 16, 2024, followed by an earnings conference call.

Aehr Test Systems (NASDAQ:AEHR), a global provider of semiconductor test and burn-in equipment, will release its financial results for the fiscal 2024 fourth quarter and full year on July 16, 2024, after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results. Investors can access the live call by dialing +1 888-506-0062 (US & Canada) or +1 973-528-0011 (International) using the passcode 196310. A replay of the call will be available for one week post-event by dialing +1 877-481-4010 (US & Canada) or +1 919-882-2331 (International) with the replay passcode 50772.

Aehr Test Systems (NASDAQ:AEHR), a global supplier of semiconductor test and burn-in equipment, announced that its President and CEO, Gayn Erickson, will attend the 16th Annual CEO Investor Summit 2024. The event will take place on July 10th at the St. Regis Hotel in San Francisco, CA. Erickson expressed enthusiasm about discussing the company's wafer level test and burn-in solutions, which enhance the quality, reliability, and yield of semiconductors. These solutions are important for sectors such as electric vehicles, data centers, and 5G infrastructure. The presentation materials will be available on Aehr's investor relations page.