AEM Holdings Ltd. (AWX.SI) saw its shares surge 10.18% in pre-market trading on Thursday, following the release of its robust first-quarter fiscal 2026 financial results and a significant upward revision to its full-year revenue outlook.

The company reported a 35.8% year-on-year increase in revenue to S$116.9 million, driven primarily by continued high-volume production for a fabless artificial-intelligence and high-performance-computing customer. Profitability also improved markedly, with profit before tax reaching S$17.8 million and diluted earnings per share soaring 337.1% to 4.59 Singapore cents.

In response to stronger-than-expected demand, AEM raised its full-year 2026 revenue guidance to between S$550 million and S$600 million, up approximately 20% from its previous forecast. The company also highlighted a strategic partnership with Advanced Semiconductor Engineering (ASE) aimed at accelerating next-generation test solutions for AI and HPC devices, and noted it received the 2026 Intel EPIC Supplier Award, the chipmaker's highest supplier commendation.