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Investing.com -- Aehr Test Systems (NASDAQ:AEHR) stock jumped 15% in pre-market trading Monday after the semiconductor test equipment supplier announced additional follow-on orders from a leading hyperscaler customer for AI processor testing equipment.
The orders include six Sonoma ultra-high-power packaged part burn-in systems that will be used for high-volume production test and burn-in of advanced AI processors. These systems will be shipped from Aehr’s production facility in Fremont, California over the next two quarters.
The customer, described as a world-leading hyperscaler delivering computing power and storage to millions of users globally, has increased its forecast and placed these volume production orders shortly after a previous order last month.
"These orders demonstrate both the value of our ultra-high-power system for volume production burn-in of AI processors and the growing relationships we are building with customers at the forefront of the AI market," said Gayn Erickson, President and CEO of Aehr Test Systems .
The company noted that major hyperscalers like Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOGL), and Meta (NASDAQ:META) are increasingly developing their own Application-Specific Integrated Circuits for AI processing to address their unique workload demands.
Aehr’s Sonoma systems allow customers to perform production burn-in screening and reliability testing for AI processors directly in package form, which the company claims offers the industry’s lowest-cost solution while helping reduce costs and improve quality.
The company is positioning itself to capitalize on the growing AI semiconductor market, which according to Strategy and Stats Insider is projected to grow from $60 billion in 2023 to exceed $600 billion by 2032, representing nearly a 30% CAGR.
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