Movement Alert|ACM Research Rises 7.02% in Regular Trading, Record Global Semiconductor Equipment Shipments Continue to Boost Sector

Market Focus
Jun 18

On June 18, ACM Research rose 7.02% in regular trading, trading at $103.67/share, with turnover of $24.44 million. The rally was driven by record-breaking global semiconductor equipment shipment data and broad sector strength.

On the news front, SEMI released a report showing that first-quarter global semiconductor equipment shipments surged 14% year-over-year to $36.55 billion, marking a record quarterly sales figure. The record performance was driven by sustained AI-related capital investment, encompassing capacity expansion and technology upgrades supporting advanced logic chips, DRAM, and advanced packaging. The broader semiconductor equipment sector rallied in tandem, with Applied Materials up 7.43%, Lam Research up 6.97%, KLA up 6.96%, and ASML up 2.63%.

ACM Research, a leading provider of wet cleaning and electroplating equipment, has achieved breakthroughs in high-temperature SPM cleaning technology compatible with GAA and HBM high-end computing chip mass production. The company continues to secure advanced packaging equipment orders both domestically and internationally, with a backlog of approximately 17 billion yuan, underpinning strong earnings visibility.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10