AEM SGD (AWX.SI) shares soared 3.84% in pre-market trading on Thursday, reacting to the company's stellar half-year financial results released after the previous close.
The semiconductor test solutions provider reported a 875.6% year-on-year surge in net profit to S$30.79 million for the six months ended June 30, 2026, driven by robust demand from a major fabless AI/HPC customer. Revenue rose 29.9% to S$247.21 million, while the Test Cell Solutions segment saw revenue jump 52.5% to S$180.9 million. The group also raised its full-year FY2026 revenue guidance to S$630 million–S$680 million and declared an interim dividend of 2.4 Singapore cents per share.
The strong results and upgraded outlook underscored the company's momentum in the AI and high-performance computing test market, with analysts maintaining a "strong buy" consensus and a median 12-month price target of S$12.99.