AEM shares jump 7.9% after H1 profit rises 10 times
The counter is up as high as S$10.39 on Thursday morning, adding S$0.76 from its Wednesday closing price
Shares of AEM semiconductor test-equipment manufacturer surged 7.9% on Thursday as its first-half profit more than tripled compared to the same period last year. The company's net profit climbed to S$31 million, a tenfold increase from S$3.1 million in the first half of 2025. This impressive growth was fueled by a surge in demand for AEM's test equipment from artificial intelligence chipmakers.
The company's largest customer, a fabless AI and high-performance computing client, emerged as the primary driver of this success, as its production ramp-up contributed to the majority of the revenue growth. As a result, AEM's share price reached a high of S$10.39, marking a S$0.76 increase from its Wednesday closing price. Trading volume reached nearly 2.4 million securities during the session.
This marks AEM's fourth consecutive quarter of profit growth, with a third straight quarter of revenue expansion, primarily led by its test-cell solutions segment.
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