On June 17, ACM Research rose 12.67% in pre-market trading, trading at $100.5/share, with turnover of $405,000. The stock broke above its previous 52-week high of $99.45.

Within the Semiconductor Equipment sector where ACM Research belongs, the sector showed broad strength. Among individual stocks, ASML Holding NV up 4.45%, Applied Materials up 3.44%, Lam Research up 3.33%, KLA-Tencor up 3.17%, Teradyne up 2.90%.

ACM Research develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. The company markets products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks.

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