The Latest Breaking News from ACMR

Based on their high price estimates, Wall Street predicts upside of up to 56% for these two growth stocks.

As DeepSeek shakes investor confidence in U.S. tech giants, Kerrisdale Capital identifies one stock that could emerge as a major winner in the midst of this turmoil.

Semiconductor equipment supplier ACM Research smashed Wall Street's earnings target for the third quarter on in-line sales.

ACM Research, Inc (NASDAQ:ACMR) reported a first-quarter FY22 revenue decline of 3.5% year-on-year to $42.2 million, missing the consensus of $51.8 million. The decline reflected lower revenue from single wafer wet cleaning tools, advanced packaging, and other back-end processing equipment due to COVID-19 restrictions in Shanghai.  The Shanghai lockdown negatively impacted revenue from…

ACM Research Inc (NASDAQ:ACMR) reported fourth-quarter FY21 revenue growth of 108.8% year-on-year to $95.1 million, beating the consensus of $89.5 million. Revenue from Single wafer cleaning, Tahoe, and semi-critical cleaning equipment rose 68.3% Y/Y. ECP (front-end and packaging), furnace, and other technologies revenue climbed 386% Y/Y. Revenue from Advanced packaging (excluding ECP), services…