Aehr Test Systems shares are trading higher after the company announced it received an initial customer order for a FOX-NP wafer level test and burn-in system and a FOX WaferPak Aligner to be used for gallium nitride power devices.
Portfolio Pulse from Benzinga Newsdesk
Aehr Test Systems' stock is trading higher following the announcement of an initial order for its FOX-NP wafer level test and burn-in system and a FOX WaferPak Aligner for use with gallium nitride power devices.
December 14, 2023 | 5:10 pm
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Aehr Test Systems received an initial order for its FOX-NP system and FOX WaferPak Aligner, indicating potential revenue growth and market expansion.
The announcement of a new customer order for Aehr Test Systems' products is a positive development, suggesting increased demand and potential revenue growth. This news is likely to be viewed favorably by investors, leading to a short-term increase in stock price. The specific mention of gallium nitride power devices also highlights the company's penetration into a growing market segment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100