Aehr Test Systems (NASDAQ: AEHR) has seen its stock surge over 350% in 2026, driven by rising demand for its semiconductor testing equipment from AI customers. The company reported a record production order of $41 million for its Sonoma systems, marking the largest order in its history. This order, received in mid-April, is intended for testing AI processor application-specific integrated circuits (ASICs) after packaging.
For the second half of its fiscal year 2026, Aehr’s projected orders have exceeded forecasts, now totaling over $92 million, which is 31% higher than previously estimated. Aehr also issued shares generating $60 million in gross proceeds to bolster its cash position, allowing it to expand production capacity amid this demand surge.
