4 Solid Semiconductor Stocks to Gain From Soaring Sales [Yahoo! Finance]
ACM Research, Inc. - Class A (ACMR)
Last acm research, inc. - class a earnings: 3/18 04:10 pm
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Source: Yahoo! Finance
Soaring demand from many industries has been driving sales lately after a difficult first half of 2023. The Semiconductor Industry Association (SIA) reported on Mar 4 that global semiconductor sales totaled $47.6 billion in January, increasing a solid 15.2% year over year from $41.3 billion. Although monthly sales unexpectedly fell marginally by 2.1%, the semiconductor market is on track for a steady recovery. Regionally, sales increased 26.6% in China, 20.3% in the Americas and 12.8% in Asia Pacific on a year-over-year basis. John Neuffer, SIA president and CEO, said, “The global semiconductor market started the new year strong, with worldwide sales increasing year-to-year by the largest percentage since May 2022.” “Market growth is projected to continue over the remainder of the year, with annual sales forecast to increase by double-digits in 2024 compared to 2023,” he added. Robust semiconductor sales during the peak of the pandemic were followed by a dull period. Rising
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News
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- ACM Research to Release First Quarter 2024 Preliminary Revenue Range on April 26, 2024 and Full Financial Results on May 8, 2024GlobeNewswire
ACMR
Earnings
- 2/28/24 - Beat
ACMR
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/26/24 - Form 8-K
- ACMR's page on the SEC website