On September 29, Aehr Test rose 8.51% in regular trading, trading at $107.12 per share, with turnover of $51.53 million. The stock rebounded sharply from the prior session's 8.48% decline, supported by broad strength across the semiconductor equipment sector.

On the news front, multiple investment banks have recently expressed bullish views on the company's AI-driven growth trajectory. Oppenheimer initiated coverage with an Outperform rating and a $120 price target, citing that rising AI chip power and package value significantly increases the cost of late failures, positioning the company for an AI-driven inflection point. Jefferies also initiated coverage with a Buy rating and a $175 target. The company has recently secured a $22 million follow-on order from its lead wafer-level AI processor customer and a follow-on order from its silicon photonics customer, while its Sonoma platform received a record $41 million order. AI data center business now accounts for approximately 70% of revenue, completing a structural transformation away from silicon carbide.

Within the Semiconductor Equipment sector, the overall sector performed strongly. Among individual stocks, Applied Materials up 3.66%, ASML Holding NV up 2.17%, Lam Research up 2.88%, KLA Corporation up 3.34%, AXT Inc up 9.53%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)