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Aehr Test Systems, headquartered in Fremont, California, is a global leader in providing innovative solutions for the testing and burn-in of semiconductor devices. With an installed base of over 2,500 systems worldwide, Aehr Test Systems specializes in systems tailored for the burn-in and testing of memory and logic integrated circuits. The company’s flagship products include the ABTS, FOX™, and MAX™ systems, along with the DiePak® Carrier.
Among their offerings, the ABTS system performs both low-power and high-power logic tests during burn-in for all common types of memory devices. The FOX system is designed for full wafer contact testing and burn-in, making it highly efficient for both engineering and high-volume production. The MAX system is proficient in burning-in and functionally testing complex devices like DSPs, microprocessors, and SoCs. Lastly, the DiePak carrier allows for cost-effective final tests and burn-in of bare dies.
Aehr Test Systems is meeting the rising demands for high-quality and reliable integrated circuits, driven by the automotive and mobile markets, among others. The company is also expanding its market reach with new opportunities in silicon carbide and gallium nitride power semiconductors. Their latest innovations, such as the FOX WaferPak™ Aligner and FOX-XP™ WaferPak Contactor, underscore their commitment to enhancing test accuracy and efficiency.
Financially, Aehr Test Systems has shown robust growth, with net revenues of $20.6 million in the first quarter of fiscal 2024, reflecting a significant increase from previous years. The company's financial condition is strong, supported by substantial cash reserves and a growing backlog of orders. Aehr Test Systems continues to build strategic partnerships and is actively engaging with new customers to further expand its market presence.
Aehr Test Systems (NASDAQ:AEHR) announced its upcoming virtual presentation at the 27th Annual Needham Growth Conference on January 16th, 2025, at 3:00 pm ET. CEO Gayn Erickson and CFO Chris Siu will present and host investor meetings throughout the day.
The company will discuss its wafer level test and package part burn-in solutions for semiconductor production, including their recent acquisition of Incal Technology and new high-power packaged part reliability solutions targeting the AI semiconductor market.
Aehr's solutions focus on improving quality, reliability, and yield for various semiconductors, including:
- Silicon carbide devices for EVs and charging infrastructure
- Gallium nitride devices for power conversion
- Silicon photonics devices for data centers and 5G infrastructure
- AI processors in wafer level and packaged part forms
Aehr Test Systems (NASDAQ:AEHR) reported Q2 fiscal 2025 financial results with net revenue of $13.5 million, down from $21.4 million in Q2 fiscal 2024. The company posted a GAAP net loss of $1.0 million ($0.03 per share) compared to net income of $6.1 million ($0.20 per share) in the prior year period.
Key achievements include securing their first AI processor customer for wafer level burn-in, first volume production orders for package part burn-in from an AI processor customer, and their first gallium nitride (GaN) customer for high-volume production. The company maintains its fiscal 2025 guidance of at least $70 million in revenue with non-GAAP net profit before taxes of at least 10%.
Total cash and equivalents stood at $35.2 million as of November 29, 2024, with an effective backlog of $26.6 million.
Aehr Test Systems (NASDAQ:AEHR) has received an initial production order from a major automotive semiconductor supplier for a FOX-XP wafer level test and burn-in system with integrated FOX WaferPak Aligner for GaN power semiconductor device testing. The system is scheduled for immediate shipment.
The customer has been using a FOX-NP system for over a year under an evaluation agreement, successfully qualifying various GaN device types for industrial, solar, data center, and automotive applications. The FOX-XP system can test up to nine wafers in parallel and is designed for high-voltage testing and high-temperature stress testing.
According to market projections, the GaN market is expected to grow at a 40% CAGR, reaching $2.5 billion in annual device sales by 2029. Frost & Sullivan estimates GaN semiconductors will represent over 10% of the worldwide power semiconductor industry by 2028.
Aehr Test Systems (NASDAQ:AEHR) has rescheduled its second quarter fiscal 2025 financial results conference call from Thursday, January 9, 2025, to Monday, January 13, 2025, after market close. The rescheduling is due to the National Day of Mourning in honor of former President Jimmy Carter, during which US stock markets will be closed. The conference call will be held at 5:00 p.m. Eastern time (2:00 p.m. PT), with both dial-in and webcast options available for participants.
Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, has scheduled its second quarter fiscal 2025 financial results announcement for January 9, 2025, after market close. The company will host a conference call and webcast at 5:00 p.m. Eastern time (2:00 p.m. PT) to discuss the results for the quarter ended November 29, 2024. The earnings call will be accessible via phone and webcast, with replay options available for one week following the live call.
Aehr Test Systems (NASDAQ:AEHR) has secured initial orders worth over $10 million for multiple FOX-XP™ wafer level test and burn-in systems and WaferPak™ Contactors from its first AI customer. The first system will ship immediately, with all shipments completing within 90 days by February 28, 2025.
The breakthrough order marks Aehr's expansion into AI processor testing, offering wafer-level burn-in solutions that can deliver thousands of watts of power per wafer at temperatures up to 150 degrees Celsius. The technology enables cost-effective testing before device integration, improving yields and efficiency in semiconductor manufacturing.
Aehr becomes the only company globally offering both wafer-level and package-level turnkey test and burn-in solutions for AI processors.
Aehr Test Systems (NASDAQ:AEHR) announced its participation in the 13th Annual NYC Summit investor conference on December 17th at Mastro's New York. CEO Gayn Erickson will discuss their wafer level test and package part burn-in solutions for semiconductor production, including their recent acquisition of Incal Technology and new solutions for the AI semiconductor market.
The company provides solutions for improving quality, reliability, and yield of semiconductors, including:
- Silicon carbide devices for EVs and charging infrastructure
- Gallium nitride devices for power conversion
- Silicon photonics devices for data centers and 5G infrastructure
- AI processors in wafer level and packaged part forms
Aehr Test Systems (NASDAQ:AEHR) announced its participation in the Craig-Hallum 15th Annual Alpha Select Conference on November 19, 2024, at the Sheraton New York Times Square Hotel. CEO Gayn Erickson and CFO Chris Siu will meet with institutional investors to discuss their semiconductor test solutions and recent acquisition of Incal Technology.
The company provides solutions for testing and improving reliability of semiconductors, including silicon carbide devices for EVs, gallium nitride devices for power conversion, and silicon photonics devices for data centers and 5G infrastructure. Their focus includes wafer level test and packaged part burn-in solutions for the growing AI semiconductor market.
Aehr Test Systems (NASDAQ: AEHR), a global supplier of semiconductor test and burn-in equipment, announced its participation in the 17th annual LD Micro Main Event Conference. President and CEO Gayn Erickson will present on October 29, 2024, at 2:30 pm PT at the Luxe Sunset Boulevard Hotel in Los Angeles.
Erickson will discuss Aehr's wafer level test and package part burn-in solutions for semiconductor production, including their recent acquisition of Incal Technology and new high power packaged part reliability/burn-in test solutions. These innovations expand Aehr's addressable market within the rapidly growing artificial intelligence (AI) semiconductor market.
Aehr Test provides solutions for improving quality, reliability, and yield of semiconductors such as silicon carbide devices for electric vehicles, gallium nitride devices for power conversion, and silicon photonics devices for data centers and 5G infrastructure. The adoption of these technologies is a significant growth driver for Aehr Test.
Aehr Test Systems (NASDAQ:AEHR) reported fiscal 2025 first quarter results and reaffirmed full-year guidance. Key highlights include:
- Net revenue of $13.1 million, down from $20.6 million in Q1 fiscal 2024
- GAAP net income of $0.7 million ($0.02 per diluted share)
- Non-GAAP net income of $2.2 million ($0.07 per diluted share)
- Bookings of $16.8 million and backlog of $16.6 million
- Cash and equivalents of $40.8 million as of August 30, 2024
The company expects strong demand for silicon carbide wafer level burn-in test systems and is making progress in AI processors, gallium nitride semiconductors, and hard disk drive markets. Aehr reaffirmed its fiscal 2025 guidance of at least $70 million in revenue and net profit before taxes of at least 10% of revenue.