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Why Aehr Test Systems Stock Jumped Today

TheMotleyFool

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Why Aehr Test Systems Stock Jumped TodayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png

Shares of Aehr Test Systems (NASDAQ: AEHR), a semiconductor equipment company, skyrocketed today after the it announced it has a "major" new customer -- an undisclosed global networking leader.

Aehr is benefiting from the surge in demand for AI processor equipment, and adding a new customer to the fold convinced shareholders that more good times could be ahead.

Aehr's stock price spiked 21.3% today, as of 1:11 p.m. ET.

Source Fool.com

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