Aehr Shares Soar on Bagging New Order

By Benzinga
Benzinga
Benzinga
December 21, 2021 Updated: December 21, 2021

Aehr Test Systems won an order from a current silicon photonics customer for four other FOX-NP systems. The financial terms were not disclosed.

The systems will support the characterization and product qualification of new photonics-based devices.

The FOX-NP systems will likely ship over the next six to seven months.

Gayn Erickson, President and CEO of Aehr Test Systems, commented, “This customer, one of the world’s largest semiconductor manufacturers, continues to use Aehr for wafer-level burn-in and stabilization of their silicon photonics wafers and is adding these FOX-NP systems for a new photonics-based device application.”

“This customer is expected to purchase new sets of WaferPaks to be used with these systems. As the applications and market for silicon photonics-based devices continue to grow, we expect this customer to continue to increase their capacity in the future.”

Price Action

AEHR shares traded higher by 6.63 percent at $16.40 in the premarket session on the last check Tuesday.

By Anusuya Lahiri 

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