Aehr Test Systems
F:AYB
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Aehr Test Systems
F:AYB
|
US |
|
C
|
Commonwealth Bank of Australia
XBER:CWW
|
AU |
|
F
|
First Majestic Silver Corp
XMUN:FMV
|
CA |
|
D
|
Danone SA
BMV:BNN
|
FR |
|
CBRE Group Inc
NYSE:CBRE
|
US |
|
Telefonaktiebolaget LM Ericsson
STO:ERIC B
|
SE |
|
T
|
TUI AG
XBER:TUI1
|
DE |
|
I
|
Inter Pharma PCL
SET:IP
|
TH |
|
M
|
Macerich Co
LSE:0JX5
|
US |
|
A
|
AXA SA
DUS:AXA
|
FR |
|
C
|
CK Hutchison Holdings Ltd
SWB:2CK
|
HK |
|
C
|
Chocoladefabriken Lindt & Spruengli AG
DUS:LSPN
|
CH |
|
Carter Bankshares Inc
F:6NH
|
US |
|
R
|
Renault SA
F:RNL
|
FR |
|
B
|
Booking Holdings Inc
SWB:PCE1
|
US |
|
B
|
Banco Santander SA
VSE:SAN
|
ES |
|
Aflac Inc
NYSE:AFL
|
US |
|
I
|
Inari Amertron Bhd
KLSE:INARI
|
MY |
|
R
|
RPC Inc
SWB:RLD
|
US |
|
F
|
Factset Research Systems Inc
SWB:FA1
|
US |
Aehr Test Systems
Aehr Test Systems makes equipment used to test and stress semiconductors before they are shipped. Its main products are systems that run wafer-level burn-in and test, which means they help chip makers find weak parts early and check that devices can survive heat, power, and long operating cycles. The company also sells related fixtures, consumables, and support services. Its customers are semiconductor manufacturers and chip packaging or test houses, especially companies making high-reliability chips for electric vehicles, power electronics, and other demanding applications. Aehr earns money by selling its test systems upfront and then by providing replacement parts, accessories, and service over time. That gives it a mix of one-time equipment sales and steadier follow-on revenue. What makes Aehr different is that it works at a very specific point in the chip-making chain: reliability testing at the wafer level, before chips are cut apart and packaged. That approach can be more efficient than testing finished chips one by one, so Aehr’s role is tied to a specialized part of semiconductor manufacturing rather than broad-purpose test equipment.
Aehr Test Systems makes equipment used to test and stress semiconductors before they are shipped. Its main products are systems that run wafer-level burn-in and test, which means they help chip makers find weak parts early and check that devices can survive heat, power, and long operating cycles. The company also sells related fixtures, consumables, and support services.
Its customers are semiconductor manufacturers and chip packaging or test houses, especially companies making high-reliability chips for electric vehicles, power electronics, and other demanding applications. Aehr earns money by selling its test systems upfront and then by providing replacement parts, accessories, and service over time. That gives it a mix of one-time equipment sales and steadier follow-on revenue.
What makes Aehr different is that it works at a very specific point in the chip-making chain: reliability testing at the wafer level, before chips are cut apart and packaged. That approach can be more efficient than testing finished chips one by one, so Aehr’s role is tied to a specialized part of semiconductor manufacturing rather than broad-purpose test equipment.
Bookings surge: Aehr said third-quarter bookings jumped to $37.2 million, with effective backlog reaching a record $50.9 million after additional orders in the first five weeks of Q4.
AI demand: Management said demand is accelerating across AI and data center applications, with especially strong interest in wafer-level and package-level burn-in for high-power processors.
New wins: The company highlighted a $14 million follow-on order from its lead AI processor customer, plus a major new silicon photonics customer and a new Sonoma customer for AI processor qualification.
Revenue softness: Q3 revenue was $10.3 million, down 44% year over year and slightly below consensus, mainly because of lower wafer-level shipments and WaferPak sales.
Outlook improved: Full-year fiscal 2026 revenue is now expected to land on the high side of the $45 million to $50 million range, and management expects to return to non-GAAP profitability in Q4.
Capacity expansion: Aehr said it will begin shipping Sonoma systems from a contract manufacturer, adding more than 20 systems per month of capacity to support growth.
Longer-term growth: Management repeatedly pointed to opportunities in AI, silicon photonics, silicon carbide, GaN, and memory, and said fiscal 2027 should see significant growth if current opportunities convert.
