Overview
- Aehr Test Systems said it secured a $41 million production expansion order for its Sonoma high‑power package burn‑in systems plus modules, sockets, and other consumables from its largest hyperscale cloud customer, whose identity was not disclosed.
- Deliveries for the new systems are scheduled to start in fiscal 2027, which begins June 27, 2026.
- Management said the order pushes second‑half fiscal bookings past $92 million after the company earlier reported record quarterly bookings of $37.2 million and a backlog above $50 million.
- Aehr shares jumped by double digits Thursday after the announcement, and multiple firms lifted price targets in response to the stronger bookings outlook.
- A company filing showed Director Rhea J. Posedel sold 15,000 shares on April 16, one day before the news, with no allegation of wrongdoing.