Aehr Test Systems skyrockets 40% as backlog balloons; analysts up target

Aehr Test Systems shares surged more than 40% after the company reported a ballooning backlog and strong demand tied to AI-driven data center expansion. The article says Aehr is benefiting from hyperscaler buildouts, with revenue and bookings increasing as customers seek semiconductor test solutions for AI accelerators, CPUs, and network processors. Management also guided fiscal 2027 revenue to $130 million-$150 million, signaling confidence that growth is broadening beyond its prior dependence on electric-vehicle silicon carbide testing. The move reflects investor enthusiasm for AI infrastructure exposure and a re-rating of the company’s growth outlook. The stock traded around $100.98, up 40.23%, after the prior close of $72.01.