Welcome to our dedicated page for Aehr Test Sys news (Ticker: AEHR), a resource for investors and traders seeking the latest updates and insights on Aehr Test Sys stock.
Overview
Aehr Test Systems is an integrated provider of advanced semiconductor testing and burn-in solutions delivering innovative systems designed for testing, burning-in, and stabilizing integrated circuits. By incorporating wafer level burn-in and reliability testing, the company addresses the critical challenges of ensuring long-term performance and reliability for advanced semiconductor devices.
Core Business and Technology
At its core, Aehr Test Systems develops and manufactures test equipment that supports the entire semiconductor production process. Its product portfolio includes a range of systems that enable wafer level burn-in, singulated die testing, and packaged part reliability screening. Notable product families such as the FOX-PTM series, FOX-XP and FOX-NP systems, and proprietary WaferPak solutions deliver high-power testing, precise voltage control, and thermal management for various semiconductor devices, including logic, memory, and power integrated circuits. This technology is critical for industries that require rigorous testing to improve yields and mitigate early-life failures.
Market Position and Applications
Operating globally from its headquarters in Fremont, California, Aehr Test Systems serves an extensive range of markets and industries. A significant portion of its business focuses on applications that demand exceptional quality and reliability such as automotive electronics, electric vehicle charging, solar and wind power conversion, advanced computing, high-performance AI processors, memory storage, and telecommunications. The company’s innovative wafer level burn-in systems simplify the testing process by enabling cost-effective, scalable solutions that assist manufacturers in verifying device robustness before assembly, thereby reducing production bottlenecks and lowering overall manufacturing costs.
Innovative Product Portfolio
Aehr Test Systems has consistently introduced groundbreaking products that have reshaped semiconductor testing. Its FOX series systems are engineered not only to meet but exceed the stringent performance requirements of modern semiconductor devices. Key innovations include:
- Wafer Level Burn-In: This approach tests full wafers before they are diced or packaged, ensuring all devices are validated under controlled conditions with precise power and temperature management.
- High-Power Capabilities: Systems engineered to support high-power semiconductor devices such as silicon carbide and gallium nitride power semiconductors, critical for applications in electric vehicles and data centers.
- Modular and Scalable Designs: The use of interchangeable proprietary WaferPak solutions allows customers to adapt testing platforms across a variety of die sizes and device designs.
Industry Impact and Competitive Advantage
As the semiconductor industry evolves with increased device complexity and the growing demand for integrated power solutions, Aehr Test Systems stands at the forefront of technological innovation. The company’s comprehensive approach—involving both wafer level and packaged part test solutions—allows semiconductor manufacturers to seamlessly transition from device qualification to high-volume production. This technological proficiency, combined with a commitment to quality and a worldwide support network, positions Aehr as a trusted partner in optimizing production yields and reducing time-to-market for new semiconductor designs.
Expertise and Customer Focus
Underpinned by decades of industry experience, Aehr Test Systems is recognized for its expertise in designing test solutions that incorporate critical reliability metrics. The company’s products are utilized by major semiconductor manufacturers globally, ensuring that cutting-edge technology and industrial standards are met with consistency. Its strategic customer engagements span a diverse array of applications—from automotive power systems to AI processors—demonstrating a capability to evolve and meet the rigorous demands of modern electronics manufacturing.
Conclusion
This evergreen overview encapsulates Aehr Test Systems’ role as a pivotal technology provider in the semiconductor testing arena. Through its advanced engineering, innovative product design, and comprehensive global support, the company delivers solutions that drastically improve semiconductor reliability and production efficiency.
Aehr Test Systems (NASDAQ: AEHR), based in Fremont, California, will participate in the Craig-Hallum 13th Annual Alpha Select Conference on November 17, 2022. CEO Gayn Erickson and CFO Ken Spink will engage with institutional investors throughout the event. The company aims to highlight its innovations in semiconductor testing and reliability, focusing on silicon carbide for electric vehicles and gallium nitride for consumer electronics. These sectors are projected to be key revenue drivers in the coming fiscal years.
Aehr Test Systems (NASDAQ: AEHR) has secured $4.4 million in orders from its lead customer for multiple WaferPak™ full wafer Contactors, aimed at increasing production capacity for silicon carbide power semiconductors catering to the electric vehicle market. Shipments are expected by the end of Aehr’s fiscal third quarter, concluding February 28, 2023. The company anticipates ongoing demand for FOX systems and WaferPak Contactors, contributing to their positive outlook for business growth in the automotive semiconductor sector.
Aehr Test Systems (NASDAQ: AEHR) announced new purchase orders for its FOX-NP multi-wafer test and burn-in systems from a multibillion-dollar semiconductor manufacturer. The orders include WaferPak Contactors and a FOX WaferPak Aligner for qualifying silicon carbide devices, crucial for electric vehicles. The FOX system is designed for high-temperature testing and is scheduled for shipment in the next six months. Aehr anticipates growth in demand for silicon carbide products due to rising automotive market needs, as 100% burn-in testing is required to ensure reliability.
Aehr Test Systems (NASDAQ: AEHR) reported significant growth in its fiscal Q1 2023 results, with net sales soaring 89% to $10.7 million compared to $5.6 million in Q1 2022. GAAP net income stood at $589,000 ($0.02 per share), down from $696,000 ($0.03 per share) the previous year, impacted by PPP loan forgiveness. Non-GAAP net income rose to $1.3 million ($0.05 per share) from a loss of $414,000. Bookings hit $19.1 million, and backlog grew to $19.5 million. The company is optimistic about the growing demand for silicon carbide in electric vehicles and reaffirms fiscal 2023 revenue guidance of $60 million to $70 million.
Aehr Test Systems (NASDAQ: AEHR) has introduced new enhancements for its FOX-P wafer-level test and burn-in systems, including the FOX Bipolar Voltage Channel Module (BVCM) and Very High Voltage Channel Module (VHVCM). These additions enable advanced testing capabilities for silicon-carbide and gallium-nitride power semiconductors, crucial for electric vehicles and power conversion applications. The BVCM can program up to 40V to -30V across 3,000 die, while the VHVCM supports testing up to 2,000V for individual devices. Initial shipments are set for 12-16 weeks, potentially increasing bookings and revenue for Aehr.
Aehr Test Systems (NASDAQ: AEHR) will report its first-quarter fiscal 2023 financial results on October 6, 2022, after market close. A conference call will follow at 5:00 p.m. Eastern Time to discuss the results. Interested parties can join the call by dialing +1 877-270-2148 for the U.S. and Canada or +1 412-902-6510 for international access. The live webcast can be accessed via the company's investor relations page at www.aehr.com. A replay will be available shortly after the call concludes.
Aehr Test Systems (NASDAQ: AEHR) announced that President and CEO Gayn Erickson will speak at the EU Power Semiconductor Executive Summit on September 19-20, 2022, in Munich, Germany. Erickson's presentation, titled "Evaluating Stabilization of Silicon Carbide MOSFET Gate Threshold Voltage at Wafer Level," will focus on the importance of gate threshold voltage stability in SiC modules. The event aims to foster discussions among power semiconductor professionals on efficiency and reliability amid growing demands for electric vehicles and sustainable technology. More details can be found on Aehr's website.
Aehr Test Systems (NASDAQ: AEHR) has secured a purchase order from a new customer for a FOX-NP multi-wafer test and burn-in system, essential for qualifying silicon carbide devices aimed at electric vehicles. This customer, a significant player in the silicon carbide market, will utilize multiple WaferPak Contactors for enhanced functionality. The systems are scheduled for shipment this week, with acceptance criteria expected to be met within three to six months. The silicon carbide device market is projected to expand significantly, necessitating an increase in wafer production capacity to meet automotive and electrification demands.
Aehr Test Systems (NASDAQ: AEHR) will participate in the 3rd Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on August 25, 2022. President and CEO Gayn Erickson, along with CFO Ken Spink, will engage with investors through virtual meetings. The company aims to discuss its innovative semiconductor testing solutions, focusing on silicon carbide for electric vehicles and gallium nitride for various applications. Aehr Test emphasizes its role in enhancing semiconductor reliability and quality, anticipating significant revenue growth in the upcoming fiscal years.
Aehr Test Systems (NASDAQ: AEHR) has secured over $4.0 million in orders for WaferPak™ full wafer Contactors, aimed at supporting increased production capacity for silicon carbide devices in the electric vehicle market. These Contactors are set to ship by the end of the fiscal third quarter, February 28, 2023. The company anticipates future orders due to growing demand in the semiconductor sector, projected to see over 30% annual growth. The FOX-XP system’s capability to handle both 150mm and future 200mm silicon carbide wafers underlines Aehr's strategic focus on emerging opportunities in the electric vehicle industry.
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