AEM shares have nearly doubled in the past month after it guided for higher FY2026 revenue as it gains traction with its other key customer.
Taiwan chip tester ASE Technology Holding is investing $12 million in AEM Holdings via a placement of 3.35 million shares at $3.591 each, as part of a broader collaboration to jointly capture the fast-growing market for AI and high performance computing, or HPC.
AEM shares, as at 9.33 am, dropped 5.61% to trade at $3.87. It closed at $.396 for the day, down 3.41%.
