Aehr Test Systems stock surged 35.5% in June due to positive developments in AI

Aehr Test Systems (NASDAQ: AEHR) saw a 35.5% stock increase in June, thanks to positive developments in the markets they target. While SiC WLBI for EVs has been their main revenue driver, they are successfully diversifying into AI processors and GaN semiconductors. With new customers in growing markets, such as Nvidia, Aehr’s revenue streams are expanding. Despite a cyclical nature, the company’s stock is benefiting from reduced reliance on EV spending. Consider these factors before deciding to invest $1,000 in Aehr Test Systems.

Read more at Nasdaq: Here’s Why Aehr Test Systems Surged in June (Hint: It’s AI related)