Aehr Test Systems Sees Dramatic Share Price Surge After Securing AI Processor Production Order

The Nasdaq-listed semiconductor‑testing firm Aehr Test Systems (NASDAQ: AEHR) experienced a remarkable rally in its stock price on Wednesday, February 11, 2026. Shares jumped from a previous close of $26.83 to $34.72, an increase of 29.45 percent, while intraday trading ranged between $31.70 and $37.20. The move was driven by the company’s announcement of a sizeable production purchase order from a leading data‑center provider, a win that underscores Aehr’s growing footprint in the high‑performance artificial‑intelligence (AI) market.

Key Details of the Production Win

  • Product – The order covers multiple Aehr Sonoma ultra‑high‑power package‑level test and burn‑in systems.
  • Application – The systems will be used to perform burn‑in on next‑generation, high‑power AI processors destined for data‑center training and inference workloads.
  • Delivery – Full turnkey burn‑in modules, including device‑specific sockets, are scheduled for delivery in the summer of 2026.
  • Customer – While the firm has not disclosed the name, the customer is described as a “premier large‑scale data‑center provider,” positioning it among the industry’s most demanding users.

Market Reaction

The announcement triggered a surge in trading volume, which reached ≈ 1.19 million shares, surpassing the company’s average daily volume of ≈ 0.88 million. At the session’s close, the bid for 200 shares stood at $26.57, while the ask rose to $40.90, reflecting heightened demand and a widening spread. The share price’s ascent also moved it closer to the 52‑week high of $34.35 recorded in October 2025, while remaining within the broader range of $6.27 – $37.20.

Strategic Implications for Aehr

Aehr’s core business revolves around developing, manufacturing, and selling systems that reduce the cost of testing and burning in dynamic random‑access memory (DRAM) and other memory devices. The new order signals a strategic pivot toward high‑power AI ASICs, a segment that promises higher margins and rapid growth. By securing a production‑level contract, Aehr not only validates its Sonoma platform but also positions itself as a critical partner for future AI hardware suppliers.

Investor Context

Despite a negative price‑earnings ratio of –92.19, the company’s market capitalization of $845 million and its historical ability to deliver innovative test solutions have earned it a reputation for resilience in the semiconductor equipment sector. The recent spike in share price demonstrates investor confidence in Aehr’s capacity to capitalize on the escalating demand for AI infrastructure, especially as data‑center operators seek reliable burn‑in solutions to ensure chip reliability and performance.

Outlook

With the delivery of the new Sonoma systems slated for summer 2026, Aehr is poised to expand its presence in the AI test and burn‑in market. If the company can secure additional contracts of similar scale, it may accelerate growth and improve financial metrics that currently lag behind its peers. Market participants will likely monitor subsequent quarterly reports for evidence of revenue acceleration and margin improvement, both of which could sustain the upward trajectory set by the recent production win.