AEM Holdings Set to Benefit From Semiconductor Industry's Megatremds -- Market Talk

Dow Jones
04/30

0502 GMT - AEM Holdings stands to benefit from the semiconductor industry's megatrends, DBS Group Research's Amanda Tan says in a research report. Management consulting firm McKinsey forecasts semiconductors to become a trillion-dollar industry by 2030, the analysts note. Megatrends, including artificial intelligence, 5G, and Internet of Things, will pave the way for growth in test spending, leading to higher demand for AEM's offerings in the long term. The semiconductor and electronics test solutions provider is also at the cusp of a multi-year rollout for new customers, with AI fabless customer contributions to more than double in 2026. DBS raises the stock's target price to S$8.90 from S$4.60 with an unchanged buy rating. Shares are 4.8% lower at S$7.35. (ronnie.harui@wsj.com)

 

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April 30, 2026 01:02 ET (05:02 GMT)

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