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About Aehr Test Systems
Aehr Test Systems, headquartered in Fremont, California, is a global leader in the design, manufacturing, and marketing of advanced test and burn-in systems for semiconductor devices. With thousands of systems installed worldwide, Aehr serves critical industries such as automotive, artificial intelligence (AI), renewable energy, and telecommunications. The company's innovative solutions address the growing demand for reliable, high-quality semiconductors used in applications ranging from electric vehicles (EVs) and AI processors to silicon carbide (SiC) and gallium nitride (GaN) power devices.
Core Business and Products
Aehr specializes in wafer-level and package-level test and burn-in systems, ensuring the quality and reliability of semiconductors before they are integrated into final products. Their flagship product families include:
- FOX-XP and FOX-NP Systems: Full wafer contact solutions for testing and burn-in of high-power devices such as SiC, GaN, and AI processors.
- Sonoma Ultra-High-Power Systems: Packaged part test solutions tailored for AI accelerators, GPUs, and high-performance computing processors.
- FOX WaferPak Contactor: Proprietary consumables enabling precise testing of up to 300mm wafers.
- FOX DiePak Carrier: Solutions for singulated die/module testing, supporting parallel testing of up to 1,024 devices.
Market Applications
The company's products cater to a wide range of markets, including:
- Electric Vehicles (EVs): SiC devices for traction inverters and charging infrastructure.
- Artificial Intelligence: AI processors and accelerators for wafer and package-level burn-in.
- Renewable Energy: GaN devices for solar power conversion and energy storage systems.
- Data Centers: High-efficiency power semiconductors and storage devices.
- Photonics: Optical devices for next-generation communications and computing.
Competitive Edge
Aehr Test Systems differentiates itself through its proprietary technologies, scalability, and ability to address diverse semiconductor testing needs. The company's focus on early-life failure detection and high-reliability testing helps semiconductor manufacturers improve yields, reduce costs, and meet stringent quality standards. Aehr's strategic expansion into high-growth markets like AI and GaN further solidifies its position as a key player in the semiconductor equipment industry.
Future Outlook
With the global semiconductor market projected to exceed $1 trillion by 2030, Aehr is well-positioned to capitalize on megatrends such as AI adoption, electrification, and renewable energy. The company's innovative solutions, robust customer relationships, and expanding product portfolio make it a compelling choice for semiconductor manufacturers seeking reliable and scalable testing solutions.
Aehr Test Systems (NASDAQ: AEHR) has released preliminary unaudited financial results for its fiscal fourth quarter and full year ended May 31, 2024. The company reported fourth-quarter revenue of approximately $16.6 million and a GAAP net income of about $23.8 million, which includes a $20.8 million tax benefit from the release of the company's full income tax valuation allowance. For the full fiscal year, revenue reached around $66.2 million, and GAAP net income was approximately $33.1 million, surpassing previous guidance and analyst expectations. Despite a slowdown in electric vehicle (EV) demand affecting silicon carbide device shipments, Aehr achieved record annual revenue. CEO Gayn Erickson highlighted the company's engagement with new potential silicon carbide device suppliers and emerging opportunities in markets like silicon photonics and gallium nitride power semiconductors. Full financial results will be released on July 16, 2024, followed by an earnings conference call.
Aehr Test Systems (NASDAQ:AEHR), a global provider of semiconductor test and burn-in equipment, will release its financial results for the fiscal 2024 fourth quarter and full year on July 16, 2024, after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results. Investors can access the live call by dialing +1 888-506-0062 (US & Canada) or +1 973-528-0011 (International) using the passcode 196310. A replay of the call will be available for one week post-event by dialing +1 877-481-4010 (US & Canada) or +1 919-882-2331 (International) with the replay passcode 50772.
Aehr Test Systems (NASDAQ:AEHR), a global supplier of semiconductor test and burn-in equipment, announced that its President and CEO, Gayn Erickson, will attend the 16th Annual CEO Investor Summit 2024. The event will take place on July 10th at the St. Regis Hotel in San Francisco, CA. Erickson expressed enthusiasm about discussing the company's wafer level test and burn-in solutions, which enhance the quality, reliability, and yield of semiconductors. These solutions are important for sectors such as electric vehicles, data centers, and 5G infrastructure. The presentation materials will be available on Aehr's investor relations page.
Aehr Test Systems (NASDAQ:AEHR), a global supplier of semiconductor test and burn-in equipment, will present at the William Blair 44th Annual Growth Stock Conference in Chicago on June 5 at 2:00pm CT. President and CEO Gayn Erickson and CFO Chris Siu will discuss the company's wafer level test and burn-in solutions for semiconductor production, focusing on markets such as electric vehicles, data centers, and 5G infrastructure. The presentation will be webcast live and available for replay. Investors can contact William Blair or MKR Investor Relations for more details or to schedule meetings.
Aehr Test Systems (NASDAQ: AEHR) will participate in the 21st Annual Craig-Hallum Institutional Investor Conference on May 29, 2024, in Minneapolis. President and CEO Gayn Erickson will hold one-on-one meetings with investors to discuss the company's wafer level test and burn-in solutions for semiconductor production. Aehr Test offers solutions for improving the quality, reliability, and yield of semiconductors used in electric vehicles, power conversion applications, and data centers. The company sees significant growth potential in the adoption of these solutions for new applications like optical I/O and co-packaged optics devices.