ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers with fine feature sizes; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the Ultra C brand name through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.
IPO Year: 2017
Exchange: NASDAQ
Website: acmrcsh.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2024 | $18.00 | Buy → Hold | Craig Hallum |
| 12/4/2024 | Buy → Hold | Needham | |
| 2/29/2024 | $39.00 | Neutral → Buy | Goldman |
| 7/3/2023 | $9.00 → $23.40 | Underperform → Buy | Jefferies |
| 3/6/2023 | Underweight → Overweight | Morgan Stanley | |
| 2/27/2023 | $7.00 → $8.00 | Hold → Underperform | Jefferies |
| 2/22/2023 | $10.00 | Equal-Weight → Underweight | Morgan Stanley |
| 11/7/2022 | $8.00 → $7.00 | Underperform → Hold | Jefferies |
| 10/18/2022 | $28.00 → $9.00 | Overweight → Equal-Weight | Morgan Stanley |
| 10/11/2022 | $8.00 | Hold → Underperform | Jefferies |
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
4 - ACM Research, Inc. (0001680062) (Issuer)
FREMONT, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the appointment of Howard Chen as General Counsel and Vice President of Corporate Strategy, effective July 1, 2024. ACM's President and Chief Executive Officer Dr. David Wang, commented, "I am pleased to welcome Howard Chen to the ACM team. His legal knowledge and industry insight will be a valuable asset as we continue to navigate the complexities of the global semiconductor industry. We are confident that Howard's leadership will enhance our legal strategies and IP
FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the appointment of David Kim as Chief Executive Officer of ACM Research Korea CO., LTD. ("ACM Research Korea"). Mr. Kim brings more than thirty years of semiconductor manufacturing experience to his new role, having held senior positions at major corporations such as Hyundai Electronics and SK Hynix. His extensive expertise encompasses leadership roles in semiconductor operations in the U.S., Korea and China. Mr. Kim holds a Bachelor of Science degree in Materials Scie
FREMONT, Calif., May 19, 2022 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that Armanino LLP (Armanino) has been appointed as ACM's independent registered public accounting firm to audit ACM's consolidated financial statements for the fiscal year ending December 31, 2022. ACM's engagement of Armanino as independent auditor for 2022 completes ACM's previously announced process to identify and appoint an independent public accounting firm subject to inspection by the Public Company Accounting Oversight Board (PCAOB), in order to enable ACM to c
FREMONT, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- ACM Research, Inc. (NASDAQ:ACMR) ("ACM"), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced the appointment of Elad Nadler as Senior Director of Service for North America and Europe. In this role reporting to Jim Straus, VP of Sales of North America and Europe, Elad will lead ACM's service and spares organization and will be responsible for all customer service throughout those regions, with a focus on expanding adoption of ACM's core technologies and services at major semiconductor companies. Elad has served for more than twenty years in customer support, product support development, fie
FREMONT, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR) announced today that it will release its financial results for the fourth quarter and fiscal year 2024 before the U.S. market open on Wednesday, February 26, 2025. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results. What:ACM Fourth Quarter and Fiscal Year (ended December 31, 2024) Earnings CallWhen:8:00 a.m. U.S. Eastern Time on Wednesday, February 26, 2025Webcast:ir.acmr.com/news-events To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon regis
FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its third quarter ended September 30, 2024. "I am pleased to report another strong quarter for ACM, with record revenue and shipments, good profitability, and positive cash flow from operations," said ACM's President and Chief Executive Officer, Dr. David Wang. "We believe our results demonstrate ACM's role as an innovator, delivering world-class tools that drive value for our customers and strengthen our position in the global market. Tahoe is
FREMONT, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2024 before the U.S. market open on Wednesday, October 30, 2024, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM's principal operating subsidiary, to the Shanghai Stock Exchange. ACM will release its full financial results for the third quarter of 2024 before the U.S. market open on Thursday, November 7, 2024. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results. What: ACM Third Quarter (ended September 30,
FREMONT, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its operating subsidiary ACM Research (Shanghai), Inc. ("ACM Shanghai") posted backlog figures for ACM Shanghai as of September 30, 2024 and September 27, 2023 on the Shanghai Stock Exchange website [link to China Disclosure]. Backlog As of September 30, 2024 and September 27, 2023, ACM Shanghai's total backlog amounted to RMB 6,764.6 million (USD $964.8 million), and RMB 6,795.8 million respectively. The total backlog figures include a mix of orders for tools
FREMONT, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its second quarter ended June 30, 2024. "I am pleased with our second quarter results. We delivered record revenue, strong profitability and positive cash flow from operations," said ACM's President and Chief Executive Officer, Dr. David Wang. "We are benefiting from continued investments by our customers, and market share gains from our existing and new products. I am also thrilled to announce today our new Panel Electrochemical Plating (Ultra EC
FREMONT, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR) announced today that it will release its financial results for the second quarter of 2024 before the U.S. market open on Wednesday, August 7, 2024. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results. What:ACM Second Quarter (ended June 30, 2024) Earnings CallWhen:8:00 a.m. U.S. Eastern Time on Wednesday, August 7, 2024Webcast:ir.acmrcsh.com/events To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive
FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its first quarter ended March 31, 2024. "I am pleased with our first quarter results, a solid start for 2024. We delivered 105% revenue growth, record shipments, and strong profitability," said ACM's President and Chief Executive Officer, Dr. David Wang. "Our results demonstrate continued spending on mature nodes by our mainland China customers, contribution from new products, and market share gains at both existing and new customers."
FREMONT, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR) announced today that it will release its preliminary revenue range for the first quarter of 2024 before the U.S. market open on Friday, April 26, 2024, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM's principal operating subsidiary, to the Shanghai Stock Exchange. ACM will release its full financial results for the first quarter of 2024 before the U.S. market open on Wednesday, May 8, 2024. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results. What:ACM First Quarter (ended March 31, 2024) Ea
FREMONT, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. "2023 was another pivotal year in ACM's mission to become a major supplier to the global semiconductor industry," said ACM's President and Chief Executive Officer, Dr. David Wang. "We grew revenue by 43%, well above the market growth of wafer fab equipment (WFE) spending in mainland China. We delivered improved operating margins, and made great progress with new products, new customers an
FREMONT, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR) announced today that it will release its financial results for the fourth quarter and fiscal year 2023 before the U.S. market open on Wednesday, February 28, 2024. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results. What:ACM Fourth Quarter and Fiscal Year (ended December 31, 2023) Earnings CallWhen: 8:00 a.m. U.S. Eastern Time on Wednesday, February 28, 2024Webcast:ir.acmrcsh.com/events To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon register
FREMONT, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR) announced today that it will release its financial results for the fourth quarter and fiscal year 2024 before the U.S. market open on Wednesday, February 26, 2025. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results. What:ACM Fourth Quarter and Fiscal Year (ended December 31, 2024) Earnings CallWhen:8:00 a.m. U.S. Eastern Time on Wednesday, February 26, 2025Webcast:ir.acmr.com/news-events To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon regis
—Updates 2024 Revenue Outlook to $755 to $770 Million— —Projected 2025 Revenue of $850 to $950 Million— —ACM to Participate at Upcoming Conferences— FREMONT, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today has updated its full year 2024 revenue outlook to a range of $755 million to $770 million, versus a range of $725 million to $745 million as was provided in ACM's third quarter 2024 earnings release issued on November 7, 2024. ACM also announced that it expects revenue for the full year 2025 to be in the range of $850 million to $950 milli
FREMONT, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today issued comments regarding recent updates to U.S. export regulations. On December 2, 2024, the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") imposed additional controls on exports to, and transfers within, the People's Republic of China ("PRC") relating to advanced integrated circuit ("IC") products, certain IC manufacturing equipment and technology, and supercomputers associated with artificial intelligence (AI) and advanced computing. As part of the new regula
FREMONT, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today announced the qualification of its Ultra Fn A Plasma-Enhanced Atomic Layer Deposition (PEALD) Furnace tool. The tool has achieved process qualification at a mainland China semiconductor customer, and is now entering mass production. ACM also announced that its Ultra Fn A Thermal Atomic Layer Deposition (Thermal ALD) Furnace tool, introduced in 2022, has successfully completed process qualification with another leading mainland China customer, demonstrating performance parameters that it bel
FREMONT, Calif., Nov. 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM" or "ACM Research") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced management's participation in the 13th Annual NYC Summit 2024 investor conference (the "NYC Summit"), being held Tuesday, December 17, 2024, at Mastro's Steakhouse New York. The presentation material utilized by ACM during the NYC Summit will be made accessible on the events page of ACM's website at www.acmr.com. About the 13th Annual NYC Summit 2024 The NYC Summit is collectively hosted and funded by participating companies and features a "round-r
FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its third quarter ended September 30, 2024. "I am pleased to report another strong quarter for ACM, with record revenue and shipments, good profitability, and positive cash flow from operations," said ACM's President and Chief Executive Officer, Dr. David Wang. "We believe our results demonstrate ACM's role as an innovator, delivering world-class tools that drive value for our customers and strengthen our position in the global market. Tahoe is
FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced a major performance breakthrough for its flagship Ultra C Tahoe Cleaning tool. The resulting enhancements are designed to meet demanding technical requirements of advanced nodes for foundry, logic and memory applications. The Ultra C Tahoe now achieves the performance of standalone single-wafer cleaning tools on low-to-medium temperature sulfuric peroxide mix (SPM) processes. Tahoe's patented hybrid architecture is among the first in the industry to combine batch wafe
FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announces expectations for preliminary unaudited revenue and total shipments for the third quarter of 2024. Today's release coincides with the as-scheduled release of unaudited financial results by ACM Research (Shanghai), Inc., ACM's principal operating subsidiary ("ACM Shanghai"), to the Shanghai Stock Exchange website [link to China Disclosure]. ACM will discuss its full financial results for the third quarter 2024 and its revenue outlook for the remainder of the year on its
FREMONT, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2024 before the U.S. market open on Wednesday, October 30, 2024, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM's principal operating subsidiary, to the Shanghai Stock Exchange. ACM will release its full financial results for the third quarter of 2024 before the U.S. market open on Thursday, November 7, 2024. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results. What: ACM Third Quarter (ended September 30,
FREMONT, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. ("ACM") (NASDAQ:ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its operating subsidiary ACM Research (Shanghai), Inc. ("ACM Shanghai") posted backlog figures for ACM Shanghai as of September 30, 2024 and September 27, 2023 on the Shanghai Stock Exchange website [link to China Disclosure]. Backlog As of September 30, 2024 and September 27, 2023, ACM Shanghai's total backlog amounted to RMB 6,764.6 million (USD $964.8 million), and RMB 6,795.8 million respectively. The total backlog figures include a mix of orders for tools
8-K - ACM Research, Inc. (0001680062) (Filer)
SCHEDULE 13G/A - ACM Research, Inc. (0001680062) (Subject)
8-K - ACM Research, Inc. (0001680062) (Filer)
10-Q - ACM Research, Inc. (0001680062) (Filer)
8-K - ACM Research, Inc. (0001680062) (Filer)
8-K - ACM Research, Inc. (0001680062) (Filer)
8-K - ACM Research, Inc. (0001680062) (Filer)
8-K - ACM Research, Inc. (0001680062) (Filer)
8-K - ACM Research, Inc. (0001680062) (Filer)
8-K - ACM Research, Inc. (0001680062) (Filer)
Craig Hallum downgraded ACM Research from Buy to Hold and set a new price target of $18.00
Needham downgraded ACM Research from Buy to Hold
Goldman upgraded ACM Research from Neutral to Buy and set a new price target of $39.00
Jefferies upgraded ACM Research from Underperform to Buy and set a new price target of $23.40 from $9.00 previously
Morgan Stanley upgraded ACM Research from Underweight to Overweight
Jefferies downgraded ACM Research from Hold to Underperform and set a new price target of $8.00 from $7.00 previously
Morgan Stanley downgraded ACM Research from Equal-Weight to Underweight and set a new price target of $10.00
Jefferies upgraded ACM Research from Underperform to Hold and set a new price target of $7.00 from $8.00 previously
Morgan Stanley downgraded ACM Research from Overweight to Equal-Weight and set a new price target of $9.00 from $28.00 previously
Jefferies downgraded ACM Research from Hold to Underperform and set a new price target of $8.00
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SC 13D/A - ACM Research, Inc. (0001680062) (Subject)
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SC 13G/A - ACM Research, Inc. (0001680062) (Subject)
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SC 13D - ACM Research, Inc. (0001680062) (Subject)
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SC 13G/A - ACM Research, Inc. (0001680062) (Subject)