Aehr Test Systems (NASDAQ:AEHR) shares are up during Thursday’s premarket session following a record $41 million production order from a lead hyperscale AI customer.
The significant order is expected to enhance the company’s position in the semiconductor testing market as it ramps up production capabilities for AI processors, which is reflected in the stock’s strong performance today as broader markets edged higher.
Large Sonoma System Order Signals AI Demand Strength
Aehr Test Systems is a 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.
The order includes a large quantity of Aehr’s Sonoma high-power package-level test and burn-in systems, along with the necessary consumables for configuring these systems.
Deliveries are projected to begin in Aehr’s fiscal 2027, starting June 27, and this order is part of a larger trend of increasing demand for high-power production burn-in solutions in the AI sector.
Bookings Outpace Expectations
“With this order, Aehr has now booked over $92 million in orders in the second half of this fiscal year, already exceeding our recently increased expectations, which we provided last week, for bookings on the high side of $60 million to $80 million during this period,” said Gayn Erickson, President and CEO of Aehr Test Systems
“We also have significant additional customer demand forecasted over the next few months across multiple markets…and we expect a portion of this demand to convert into bookings before the end of this fiscal year,” Erickson commented.
Mixed Quarterly Results With Strong Demand Signals
Aehr Test Systems reported a third-quarter adjusted loss of 5 cents, beating the consensus loss of 7 cents.
Sales reached $10.31 million, slightly below the Wall Street estimate of $10.85 million.
The company reported strong quarterly bookings of $37.2 million, representing a book-to-bill ratio of over 3.5x, reflecting strong customer demand across both wafer-level burn-in and package-level burn-in applications.
In March, Aehr Test Systems secured a new silicon photonics customer, signaling continued demand tied to AI-driven data center expansion.
The company received an initial order from a global networking customer for multiple test-and-burn-in systems supporting silicon photonics transceivers.
AEHR Stock Price Activity: Aehr Test System shares were up 14.98% at $84.19 during premarket trading on Thursday, according to Benzinga Pro data.
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