Aehr Test Systems Shares Plunge Amid Revenue Decline and Tariff Uncertainty

Aehr Test Systems, a U.S.-based company specializing in systems for testing dynamic random access memory and other memory devices, experienced a significant drop in its share price on July 9, 2025. The company’s shares plunged by 20% following a reported decline in revenue. This sharp decline was reported by multiple sources, including Investing.com and Benzinga, highlighting the widespread concern among investors.

The revenue decline has been attributed to missed sales expectations, as noted by a 17% drop in share price post-market on July 8, 2025, after the company released its quarterly results. The financial results revealed challenges in meeting sales targets, which contributed to the market’s negative reaction.

Despite these setbacks, Aehr Test Systems has signaled a strategic shift towards AI-driven revenue diversification. In a recent earnings call, the company outlined plans to expand its total addressable market and diversify its customer base. This move is part of a broader strategy to mitigate risks associated with tariff uncertainties that continue to loom over the industry.

The company’s financial fundamentals reflect a challenging period, with a market capitalization of $464.43 million and a price-to-earnings ratio of 20.1. The close price on July 7, 2025, was $15.17, marking a significant drop from the 52-week high of $21.44 on July 16, 2024, and a low of $6.27 on April 3, 2025.

Aehr Test Systems, listed on the Nasdaq, remains focused on maintaining its position in the semiconductor equipment sector by leveraging its expertise in integrated circuit testing. The company’s efforts to adapt to market conditions and explore new revenue streams will be critical as it navigates the current economic landscape.

Investors and stakeholders will be closely monitoring Aehr Test Systems’ progress in executing its diversification strategy and managing external pressures, such as tariff impacts, to determine the company’s future trajectory in the competitive semiconductor industry.