AEHR is trading 4.7% higher at $108.07 on strong AI-driven bookings momentum and a rebounding backlog for data-center test demand.
- Shares are extending a multi-day rally supported by analyst upgrades and short covering, with short interest currently in the mid-teens.
- The stock is benefiting from a broader tech sector surge and a 1.15% rise in the Nasdaq following strong AI-related earnings from Cisco.