AEM Holdings' stock surged 3.07% during intraday trading on Friday, reflecting positive investor sentiment following the release of its annual report.

The company's FY2025 report highlighted a strategic shift from custom test projects toward scalable platforms tied to growing artificial intelligence and high-performance computing demand. A production ramp with a second AI/HPC customer is driving business momentum, with that customer expected to become the top revenue contributor in FY2026.

Additionally, AEM announced the renewal of its share buyback program, with the mandate set for vote at the upcoming annual general meeting. The board outlined the buyback rationale around improving shareholder returns and returning surplus cash, which typically provides support for the stock price.