Semiconductor Manufacturing
Aehr Test Systems
A semiconductor test equipment maker specializing in wafer-level burn-in and test systems for silicon carbide, gallium nitride, optical photonics, and memory integrated circuits, positioned to benefit from AI-driven demand for power semiconductor and photonics testing. Fiscal Q4 2026 (reported July 14, 2026) revenue reached $18.8 million (+34% YoY) with record quarterly bookings of $60.7 million, sending shares up 21-29%; despite a full fiscal-year 2026 net loss of $7.13 million on $50.0 million revenue, the company guided fiscal 2027 revenue to $130-150 million (roughly 160-200% growth) on a $100.6 million backlog, driven by AI processor, silicon photonics, and power semiconductor test demand.
Leading Indicators
Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.
Additional Intelligence Signals
Patent citation lineage, earnings-call mentions, and federal contract disclosures — automatically collected, not yet visible anywhere else on the site.
Earnings-call mentions
Mentions High Bandwidth Memory
“We also continue to pursue opportunities in memory, including NAND flash and potential high bandwidth memory (HBM) applications with our WLBI solutions roadmap.”
SEC 8-K exhibit (0001654954-26-006655) · Jul 14, 2026
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
4 sources · 1 government/SEC filing · 61% avg. source confidence
- U.S. Securities and Exchange Commission (EDGAR) — Aehr Test Systems FY2025 Annual Report (Form 10-K), filed with the SEC95% source confidence
- InvestSnips — Aehr Test Systems semiconductor test overview46% source confidence
- Aehr corporate site — Aehr Test Systems corporate overview44% source confidence
- Investing.com / CryptoBriefing — Aehr Test Systems Q4 FY2026 beats forecasts, stock jumps 29% on FY2027 hypergrowth guidance60% source confidence
Latest Activity
Insider Filing Activity
Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026
Dependency Map
What Aehr Test Systems depends on below, and who depends on Aehr Test Systems above — click any node to make it the new center, 3 levels deep.
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The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.