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Why Aehr Test Systems Rallied This Week

TheMotleyFool

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Why Aehr Test Systems Rallied This WeekPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png

Shares of semiconductor testing company Aehr Test Systems (NASDAQ: AEHR) rallied 30.6% this week through Friday at 2:33 p.m. EDT, according to data from S&P Global Market Intelligence.

Aehr didn't report any financial results this week, but it did announce an order for its wafer test and burn-in machines from a new customer. This customer is also innovating in silicon photonics, a new networking technology that many believe will displace copper in AI data centers.

Needless to say, the announcement fueled a stock price uptick.

Source Fool.com

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