Aehr Test Systems announced it has received a $25.1M follow-on order from its lead silicon carbide test and burn-in customer for a significant number of FOX-XP wafer level test and burn-in systems to meet their increased capacity needs for production of silicon carbide devices for electric vehicles. This customer is a leading Fortune 500 supplier of semiconductor devices with a significant customer base in the automotive semiconductor market. The FOX-XP systems are configured to test 18 silicon carbide wafers in parallel while contacting and testing 100% of the devices on each wafer. The FOX systems are expected to ship from Aehr‘s fiscal fourth quarter that begins March 1, 2023, through its fiscal second quarter 2024 ending November 30, 2023.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on AEHR:
- Aehr Test Systems falls over 2% after CEO sells shares
- Aehr Test Systems CEO sells $1.5M in common stock
- Aehr Test Systems announces follow on order from silicon carbide chip client
- Aehr Test Systems reports Q2 EPS 16c, consensus 8c
- Aehr Test Systems options imply 9.5% move in share price post-earnings