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Fremont, California--(Newsfile Corp. - October 21, 2024) - Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that President and CEO Gayn Erickson will be presenting at the 17th annual LD Micro Main Event Conference on Tuesday, October 29, 2024 at 2:30 pm PT at the Luxe Sunset Boulevard Hotel in Los Angeles, and will be meeting with investors throughout the day. You may register to watch the presentation here (https://api.newsfilecorp.com/redirect/kOy2BT02Qz).
"I look forward to discussing with investors and shareholders our unique wafer level test and package part burn-in solutions for semiconductor production and the markets they serve, including our recent acquisition of Incal Technology and new high power packaged part reliability/burn-in test solutions that expand our addressable market within the rapidly growing artificial intelligence (AI) semiconductor market," said Mr. Erickson. "Aehr Test provides complete turn-key solutions for improving quality, reliability, and yield of semiconductors such as silicon carbide devices used in electric vehicles and charging infrastructure, gallium nitride devices for multiple power conversion applications, and silicon photonics devices used in data centers and 5G infrastructure and optical input/output (I/O) and co-packaged optics devices as well as AI processors in both wafer level and packaged part device forms. The adoption of wafer level test and packaged parts burn-in of these devices is a significant growth driver for Aehr Test."
The 2024 LD Micro Main Event XVII will be held at the Luxe Sunset Boulevard Hotel in Los Angeles from October 28th to the 30(th), and will host 150 companies for two days of presentations and one-on-one investor meetings.
About LD Micro LD Micro aims to be the most essential resource in the micro-cap world. Whether it is the Index, comprehensive data, or hosting the most significant events annually, LD's sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies. To learn more about LD Micro, visit http://www.ldmicro.com.
About Aehr Test Systems Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer level, singulated die, and package part form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr Test products and solutions. Aehr has developed and introduced several innovative products including the FOX-P(TM) families of test and burn-in systems and FOX WaferPak(TM) Aligner, FOX WaferPak Contactor, FOX DiePak(®) Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power packaged part reliability/burn-in test solutions for Artificial Intelligence (AI) semiconductor manufacturers, including its ultra-high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turn-key provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.
# # #
Contacts:
Aehr Test Systems Chris Siu Chief Financial Officer csiu@aehr.com
MKR Investor Relations Inc. Todd Kehrli or Jim Byers Analyst/Investor Contact
(323) 468-2300 aehr@mkr-group.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227355
Tech stocks were rising late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.1%.
The Philadelphia Semiconductor index rose 1%.
In corporate news, JFrog has drawn takeover interest from potential buyers, Bloomberg reported. JFrog shares popped nearly 5%.
Apple violated federal labor laws after it terminated an employee who advocated for workplace changes on Slack and monitored the social media posts of other workers, the National Labor Relations Board said Friday. Apple shares were down 0.4%.
Verb Technology V shares surged over 46% after its top executive said the stock should be trading at more than $22 per share and that the company is "extremely well capitalized" and virtually debt-free.
Aehr Test Systems shares jumped 21%, a day after the company reported a smaller-than-expected decline in fiscal Q1 earnings and revenue.
Tech stocks were rising Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.4%.
The Philadelphia Semiconductor index rose 1%.
In corporate news, Verb Technology V shares surged nearly 70% after its top executive said the stock should be trading at more than $22 per share and that the company is "extremely well capitalized" and virtually debt-free.
Aehr Test Systems shares jumped 18% after the company reported overnight a smaller-than-expected decline in fiscal Q1 earnings and revenue based on estimates from two analysts in a Capital IQ survey.
Paltalk said Friday that a judge filed an order for final judgment in its favor in its patent infringement lawsuit against Cisco Systems (CSCO). Paltalk shares were falling 2.8% and Cisco was up 1.2%.
U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Friday.
Shares of Fastenal Company rose sharply during Friday's session after the company reported better-than-expected third-quarter financial results.
Fastenal reported sales growth of 3.5% year-over-year to $1.910 billion, beating the consensus of $1.908 billion. Unit sales increased in the quarter due to growth from larger customers, new Onsite locations, and an extra selling day, despite minor disruptions from Hurricane Helene and stable pricing. The company's third-quarter EPS was 52 cents, above the estimate of 51 cents.
Fastenal shares jumped 6% to $74.18 on Friday.
Here are some other big stocks recording gains in today's session.
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