Shares of Aehr Test Systems, Inc. (AEHR) are climbing about 18 percent on Thursday morning trading after the company secured a $41 million follow-on production order from its lead hyperscale customer for package-level burn-in of custom AI processor ASICs.
The company's shares are currently trading at $86.98 on the Nasdaq, up 18.96 percent. The stock opened at $84.64 and has climbed as high as $89.25 so far in today's session. Over the past year, it has traded in a range of $7.71 to $89.25.
The order includes a large quantity of Aehr's Sonoma high-power package-level test and burn-in systems, along with fully turnkey burn-in modules and device-specific sockets - the consumables required to configure the Sonoma systems for the customer's specific AI processor.
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