Aehr Test Systems is signalling massive growth in the year ahead, forecasting at least 50% revenue growth and at least 90% earnings growth for its new fiscal year. Silicon carbide (SiC), especially for the automotive market, is driving this trend.
But Applied Materials is worth paying attention to as well. It announced new equipment for chiplets packaging, as well as a significant upgrade to its fab equipment platform. We'll discuss how Applied and Aehr are poised to benefit from a boom in chip fab construction.
We'll also discuss the implications of these announcements for the two stocks. The semiconductor industry is facing a number of challenges, including the need to produce smaller, faster, and more powerful chips, all while consuming less energy and manufacturing material during the fab process.
In this video, Nick and Kasey cover:
--Applied Materials' new equipment announcements
--Aehr Test Systems' recent earnings report
--What the market might be implying for growth for these companies, and if the current stock price is justified
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Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.
Nicholas Rossolillo owns shares Applied Materials
Chip Stock Investor Podcast