U.S. semiconductor equipment and optical communication sectors strengthen, Aehr Test Systems surges over 13%

Odaily Planet Daily News According to MSX.COM data, the U.S. semiconductor equipment sector has generally strengthened. Aehr Test Systems surged over 13%, Applied Materials rose over 8%, and ASML and Lam Research gained over 5%, all hitting record highs. On the news front, Citigroup raised its target prices for semiconductor equipment manufacturers Applied Materials and Lam Research, expressing a strongly bullish outlook on NAND equipment demand prospects.

The U.S. optical communication concept sector also rallied collectively. Credo Technology (CRDO) rose over 6%, AXT Inc (AXTI) gained over 5%, Astera Labs (ALAB) and Marvell Technology (MRVL) increased over 4%, while Coherent (COHR) and Ciena (CIEN) rose over 2%.