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Portfolio Pulse from Charles Gross
Aehr Test Systems (NASDAQ:AEHR) has received $13.7 million in follow-on orders for its WaferPak Contactors from a leading Fortune 500 semiconductor supplier for the electric vehicle market. The order aims to meet increased production capacity needs for silicon carbide power semiconductors.
June 09, 2023 | 11:36 am
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Aehr Test Systems has received a $13.7 million follow-on order for WaferPak Contactors from a Fortune 500 semiconductor supplier, indicating strong demand for its products in the electric vehicle market.
The $13.7 million follow-on order for Aehr Test Systems' WaferPak Contactors indicates a strong demand for its products in the electric vehicle market. This order from a leading Fortune 500 semiconductor supplier will likely have a positive short-term impact on AEHR's stock price due to increased revenues and a strengthened position in the market.
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