NuAxiSemiconductor trade intelligence
Aehr quarterly revenue halves due to short-term SiC-related order push-outs following EV market slowdown
What happened
Aehr Test Systems reported Q3 FY2024 revenue of $7.56M, a drop of more than 50% sequentially from $21.4M and year-over-year from $17.2M. The sharp decline is attributed to order push-outs for its wafer-level burn-in systems for SiC devices, driven by a slowdown in the electric vehicle market. 利空: This signals weakening near-term demand for SiC production and test equipment, a bearish indicator for the SiC supply chain and related capital equipment suppliers.
Impact and signal
Medium impactImpact score: 58/100
Affected components and suppliers
Silicon Carbide (SiC) Power Devices
Aehr Test Systems
demand-weaknessev-slowdownorder-push-outsearnings-miss
Source and time
Source: Semiconductor Today · 4/10/2024 · View original source
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