Movement Alert|ACM Research Rises 7.15% in Regular Trading, Semiconductor Equipment Sector Rallies Extending Industry Upswing

Market Focus
Jun 29

On June 29, ACM Research rose 7.15% in regular trading, trading at $115.38/share, with turnover of $26.06 million. The semiconductor equipment sector rallied broadly, rebounding from the prior session's selloff.

On the news front, the semiconductor equipment sector strengthened collectively, with Applied Materials up 4.25%, Lam Research up 3.02%, KLA-Tencor up 2.56%, and ASML up 0.9%. As a leading provider of wet cleaning and electroplating equipment, ACM Research reported Q1 new order bookings growing 65% year-over-year, with backlog orders approaching RMB 17 billion. Electroplating equipment accounted for approximately 30% of new orders. The company maintained full-year revenue guidance of RMB 8.2 billion to 8.8 billion. Additionally, 129 institutional investors recently conducted intensive research visits, reflecting significantly elevated capital attention amid sustained sector prosperity.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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