5 Stocks With 3x-5x Returns This Year

4. Aehr Test Systems Inc. (NASDAQ:AEHR)

Aehr Test has seen its stock price climb by 300 percent year-to-date, as investors gobbled up shares amid the growing demand for its solutions and services in line with the AI boom.

On Thursday alone, Aehr Test Systems Inc. (NASDAQ:AEHR) said that it received a follow-on order from one of its major hyperscale customers amounting to $41 million, bringing its total bookings in the second half of fiscal year 2026 to $92 million.

The new order covers its high-power system called Sonoma, as well as modules and device-specific sockets required to configure Sonoma for the customer’s specific AI processor.

Aehr Test Systems Inc. (NASDAQ:AEHR) said deliveries are expected to begin on June 27, 2026, or the start of its fiscal year 2027.

“This order further validates our Sonoma platform for high-volume production burn-in of very-high-power AI processor ASICs. Our Sonoma systems first entered production with this customer last year, and this new order reflects their continued ramp in capacity for current-generation devices,” Aehr Test Systems Inc. (NASDAQ:AEHR) President and CEO Gayn Erickson said.

Earlier, Aehr Test Systems Inc. (NASDAQ:AEHR) clinched other contracts for its high-power FOX-XP WLBI system for devices aimed at the hyperscale data center optical interconnect market, as well as for multiple testing machines and next-generation chips.

One of the buyers is said to be underway with the development of advanced silicon photonics–based transceivers for data center networking and optical I/O applications to address the rapidly accelerating demand for high-speed fiber optic communication links in hyperscale AI and cloud data centers.