Why Is Aehr Test Systems Stock Soaring Wednesday?

Aehr Test Systems stock surged 11% on Wednesday following a follow-on production order from a major silicon photonics customer for its FOX-XP wafer-level burn-in system. The order, driven by growing AI and cloud data center demand, is scheduled for delivery within six months with additional systems forecasted later in the year. The stock is trading above its key moving averages with strong technical momentum, though analysts maintain a consensus Hold rating.