Here's Why Aehr Test Systems Popped Higher Today
Aehr Test Systems (NASDAQ: AEHR) stock soared by 16.2% as of late afternoon today. The move comes as power systems company (NASDAQ: VICR) unexpectedly raised its second-quarter revenue guidance, just a month after reporting its first-quarter earnings. It's good news for the AI infrastructure sector and, in turn, Aehr Test Systems.
The company makes "modular power components and power systems for converting electrical power," and its advanced products solutions are mainly sold to hyperscalers and data centers that use them to deliver power across data center infrastructure. Vicor raised guidance on the back of "rising product revenues and royalties from an additional licensee to its patented power system technology."
If demand for data center-related power solutions is accelerating, then it will also be the case for power chip manufacturers, and ultimately for Aehr Test Systems. The wafer-level burn-in (WLBI) test equipment company is aggressively growing its sales to the AI infrastructure sector via test equipment for power semiconductors and AI processors.
Source Fool.com
Vicor Corp. Stock
Vicor Corp. is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
As a result the target price of 338 € shows a very positive potential of 94.93% compared to the current price of 173.4 € for Vicor Corp..
