{
  "id": 720273,
  "title": "AEM shares jump 7.9% after H1 profit rises 10 times",
  "url": "https://urgent.news/2026/08/13/aem-shares-jump-7-9-after-h1-profit-rises-10-times",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T01:33:03.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/aem-shares-jump-7-9-after-h1-profit-rises-10-times"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "The counter is up as high as S$10.39 on Thursday morning, adding S$0.76 from its Wednesday closing price",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}