Aehr Stock Surges 29% After CEO Reveals Business Shift Away From EV Silicon Carbide

AEHR5.86%
Aehr Test Systems (AEHR) stock surged 29% premarket on Wednesday as CEO Gayn Erickson announced the company's strategic shift away from electric-vehicle silicon carbide testing toward artificial intelligence, data center infrastructure, and advanced semiconductor applications. Erickson noted that fiscal 2026 revenue has become nearly 95% dependent on non-EV-related markets, reversing from a position where over 95% of revenue came from EV silicon carbide just two years ago. The company also forecasts fiscal 2027 revenue between $130 million and $150 million, above the $85.14 million consensus estimate.
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