AEM shares, as 10.19 am, jumped by more than 11% to trade at $9.27. As recent as February, the counter was trading at just above $2.
Amanda Tan of DBS Group Research has maintained her "buy" call on AEM Holdings after the chip tester's 1QFY2026 results that beat expectations.
With better AI-driven growth prospects seen in the coming years from both existing and new customers, she has raised her target price from $8.90 to $11.50.
