On July 1, Aehr Test Systems fell 8.19% in regular trading, trading at approximately $87.56/share, with turnover of $46.33 million.
The decline was driven by a broad sector-wide selloff across semiconductor equipment stocks. Within the Semiconductor Equipment sector, Applied Materials fell 7.73%, Lam Research fell 8.61%, ASML fell 5.64%, KLA-Tencor fell 9.29%, and Teradyne fell 10.47%. The pullback follows a period of sustained strength in the sector, with ASML having set a new all-time high in the prior session after receiving a major analyst upgrade with a 58% target price increase. The sector-wide retreat reflects broad profit-taking pressure after consecutive gains.
For Aehr Test Systems specifically, the company had rallied over 10% in mid-June after receiving a follow-on silicon photonics burn-in system order and confirmation that its top AI chip customer completed a benchmark test lasting over six months. Its previously announced record $41 million AI chip test order and $60 million equity financing completed in April continue to provide fundamental support.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)