Here's Why Aehr Test Systems Surged in June (Hint: It's AI related)

Aehr Test Systems (NASDAQ: AEHR) stock rose by 35.5% in June, according to data provided by S&P Global Market Intelligence. The move comes as positive developments in the end markets that Aehr is targeting helped support the idea that the company can diversify its revenue streams and improve its growth in the process.The company is best known for its test and burn-in equipment for the silicon carbide (SiC) wafer-level burn-in (WLBI) market. As management notes,  this end market contributed 90% of Aehr's revenue in 2024. Unfortunately, at least from a near-term perspective, the key driver for Aehr's SiC WLBI solutions is the electric vehicle (EV) market and its associated charging infrastructure.Aehr's key customers in this market, which include ON Semiconductor, have come under pressure due to the ongoing relatively high interest rate negatively impacting EV sales. For reference, and by way of example, Wall Street analysts expect ON Semiconductor's sales to decline by 16.5% in 2025. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool