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Episode 113: Updating You On Aehr Test Systems Stock Slump - What's Next?
Aehr Test Systems released preliminary financials and an accompanying statement on March 25, 2024, and results are going to be even uglier than originally predicted. This story is really all about silicon carbide (SiC) customers (like Onsemi) holding back on delivery of new Aehr equipment. Chip Stock Investor discusses the impact of the downturn in the automotive and chip manufacturing industries on small-cap stock Aehr, particularly focusing on its relationship with its largest customer Onsemi (ON), and how even small changes in demand in electric vehicle EV chips can cause major headaches…
The skinny
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