ACM Research Stock News

Few chip companies are as well positioned to flourish under Donald Trump's presidency as specialized semiconductor equipment manufacturer ACM Research (NASDAQ:ACMR).

ACM Research, Inc. (NASDAQ:ACMR ) Q3 2024 Results Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Gary Dvorchak - Investor Relations, The Blueshirt Group David Wang - President and Chief Executive Officer Mark McKechnie - Chief Financial Officer and Treasurer Conference Call Participants Charles Shi - Needham & Company Mark Miller - The Benchmark Company Suji Desilva -...

FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its third quarter ended September 30, 2024.

Enhanced cleaning performance for advanced chip manufacturing; Significant chemical savings and environmental benefits Enhanced cleaning performance for advanced chip manufacturing; Significant chemical savings and environmental benefits

ACM Research develops equipment for cleaning and polishing semiconductor devices, serving clients across the supply chain. Although FY2024 growth has been good, widespread fears in the sector have led to a lag in the share price. Despite risks, the Company's essential products and diverse client base position it well for long-term growth.

ACM Research is a strong buy due to its impressive growth in the semiconductor space, particularly in China, and its diversification efforts. The company invests heavily in R&D, with 10% of turnover, resulting in over 500 patents and innovative products like the Ultra C bev-p bevel etching tool. ACMR's robust financial performance includes a 40% revenue increase in Q2 and a strong balance sheet...

FREMONT, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2024 before the U.S. market open on Wednesday, October 30, 2024, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM's principal operating subsidiary, to the Shanghai Stock Exchange.

Shares of ACM Research (ACMR, Financial) saw a significant rise, opening more than 10% higher in U.S. markets. The stock surged 10.42%, trading at $20.87, with a trading volume of $55.35 million.