On June 25, ACM Research rose 5.12% in pre-market trading, trading at $106.5/share, with turnover of $15,300. The gain came amid a broad rally across the semiconductor equipment sector.
On the news front, the semiconductor equipment sector saw collective strength, with Applied Materials up 6.95%, Lam Research up 6.72%, KLA up 5.43%, Teradyne up 4.87%, and ASML up 4.81%, extending industry-wide momentum driven by sustained AI-related capital expenditure and record global equipment shipments. SEMI previously reported that Q1 global semiconductor equipment shipments reached $36.55 billion, up 14% year-over-year, a record quarterly figure fueled by advanced logic, DRAM, and advanced packaging capacity expansion.
ACM Research, a leading provider of wet cleaning and electroplating equipment, reported Q1 new orders up 65% year-over-year with a backlog of nearly 17 billion yuan. The company recently hosted 129 institutions for investor visits and maintained full-year revenue guidance of 8.2 to 8.8 billion yuan, with electroplating equipment now representing approximately 30% of new orders.
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