On July 2, Aehr Test Systems fell 8.81% in regular trading, trading at $77.46/share, with turnover of approximately $47.5 million. The decline marks the second consecutive session of heavy losses for the stock amid a sector-wide rout in semiconductor equipment names.

The semiconductor equipment sector continued to face systematic selling pressure. Among sector peers, Applied Materials fell 6.2%, Lam Research declined 6.73%, KLA-Tencor dropped 7.65%, Teradyne fell 7.47%, and ASML Holding lost 1.79%. The previous session saw similarly steep declines across the board, with Teradyne down over 10% and KLA down over 9%.

On the fundamental side, the company previously secured a record-breaking $41 million AI chip test order from a leading hyperscale cloud customer for production-level burn-in testing of custom AI processor ASICs. Additionally, the company completed a $60 million equity offering in April. Management noted that a top AI chip client successfully concluded over six months of benchmark testing, strengthening expectations for follow-on orders. Despite these positive catalysts, persistent sector-level selling pressure continues to weigh on the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)