Episode 122: A Top Stock to Buy For the Coming EV Market Recovery? Aehr Test Systems (AEHR)

Chip Stock Investor Podcast · Apr 15, 2024 · 19m

Aehr Test Systems' (AEHR) latest earnings update was just as they forecasted it would be: Revenue tanked 56% year-over-year. Aehr’s products are cyclical, and with the diminished demand for test and burn-in systems, particularly for silicon carbide (SiC) chips used in electric vehicles (EVs), Aehr is in a bit of a slump. Customers are expected to take delivery of the company’s equipment for SiC chip manufacturing later this year. But instead of focusing on the the poor results, Chip Stock Investor focuses on Aehr's potential growth areas, including the EV market, gallium nitride (GaN)…