We came across a bullish thesis on ACM Research, Inc. on FluentInQuality’s Substack. In this article, we will summarize the bulls’ thesis on ACMR. ACM Research, Inc.'s share was trading at $33 recently. ACMR’s trailing and forward P/E were 19 and 17 respectively according to Yahoo Finance.
ACM Research, Inc. develops and manufactures advanced wafer-cleaning and surface-preparation equipment critical to semiconductor fabrication. Its proprietary technologies such as Space Alternated Phase Shift (SAPS), Tahoe, and TEBO—enable chipmakers to achieve higher yields, lower defect...
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