© Reuters.
FREMONT, CA – Aehr Test Systems (NASDAQ:AEHR), a global provider of semiconductor test and burn-in equipment, has announced the shipment of a new high-power configuration of its FOX-XP system. This system is designed for volume production wafer level burn-in and stabilization of advanced silicon photonics integrated circuits (ICs), which are essential for optical communication technologies.
The newly shipped FOX-XP system can handle higher power requirements needed for testing and stabilizing next-generation photonic ICs, which are up to four times greater than previous models. This system is targeted at the burgeoning optical I/O and co-packaged optics markets, with applications in data center and telecommunications infrastructure as well as optical chip-to-chip communication.
Gayn Erickson, President and CEO of Aehr Test Systems, emphasized the system’s compatibility features, stating, “We were able to deliver these new capabilities and value through an upgrade of one of the customer’s existing systems while maintaining backwards and forwards compatibility with all test programs, WaferPaks, and correlation results of previous lower power wafers.”
The FOX-XP system can test up to 8,192 high-power optical devices on each of nine wafers simultaneously, with a capacity of up to 3,500 watts of power per wafer. It also boasts Aehr’s latest chamber configuration with a reduced footprint and compatibility with the company’s WaferPak AutoAligner for fully automated handling of 6″ to 12″ wafers.
Aehr’s FOX systems, including FOX-XP and FOX-NP, along with proprietary WaferPaks, support a wide range of semiconductor devices, including silicon carbide and gallium nitride power semiconductors, silicon photonics, and various sensors and memory technologies.
Erickson expressed optimism about the silicon photonics market, which is expanding beyond traditional photonics transceiver applications to include optical chip-to-chip communication—a significant market opportunity for Aehr’s products.
Aehr Test Systems is headquartered in Fremont, California, and has installed thousands of systems worldwide, catering to the increasing quality, reliability, and safety needs of semiconductors used in various applications.
This announcement is based on a press release statement from Aehr Test Systems.
InvestingPro Insights
As Aehr Test Systems (NASDAQ:AEHR) continues to innovate with its high-power FOX-XP system for semiconductor testing, the financial metrics provided by InvestingPro offer a snapshot of the company’s current market position. With a market cap of approximately $495.77 million and a price-to-earnings (P/E) ratio of 22.64, AEHR is navigating the competitive landscape with financial solidity. The company’s P/E ratio, which adjusts slightly to 22.98 when considering the last twelve months as of Q2 2024, still signals a potentially attractive valuation relative to its near-term earnings growth.
InvestingPro Tips suggest that AEHR holds more cash than debt on its balance sheet, which is a reassuring sign of financial health for investors. Moreover, analysts predict the company will be profitable this year, backed by a history of profitability over the last twelve months. Notably, AEHR’s stock price has experienced significant volatility and has seen a substantial decline over the past year. Nonetheless, the company’s liquid assets exceed its short-term obligations, which may provide some cushion against market fluctuations.
For readers interested in a deeper dive into AEHR’s financials and future outlook, InvestingPro offers additional insights. There are 13 more InvestingPro Tips available, which can be accessed by visiting: https://www.biedexmarkets.com/pro/AEHR. To enhance your investing strategy with these comprehensive analytics, use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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