Is Aehr Test Systems a Top Bet on AI's Future?
Thursday, 25 April 2024, 11:45
Overview
Aehr Test Systems, a specialist in SiC chips production, faces challenges in the EV sector but eyes growth in AI systems.
Current State
- Aehr experienced a setback in Q3 2024 earnings due to delayed equipment deliveries amid an oversupply of chips in the auto industry.
- The company adjusted its revenue guidance for fiscal 2024, but remains profitable with anticipated GAAP net income.
Potential Growth
- Despite uncertainties in the EV market, Aehr sees opportunities in diversifying its customer base for AI systems.
- The utilization of silicon photonics technology in Aehr equipment could drive growth as demand for AI systems increases.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.