Overview

• The unnamed customer, described as one of the world's largest cloud providers, ordered six Sonoma packaged-part burn-in systems to test AI processors built for massive-scale workloads.
• Shipments will originate from Aehr's Fremont, California facility over the next two quarters, following initial and follow-on Sonoma orders earlier this year.
• CEO Gayn Erickson said the hyperscaler increased its forecast and placed additional volume purchases, with Aehr engaged on future chip generations.
• A separate paid order from a leading AI processor supplier will run a wafer-level burn-in evaluation and correlation program over an estimated three to six months, including a custom WaferPak and production test development at Aehr's facility.
• Aehr shares jumped about 33% to $24.08 on Monday's announcement and were up another roughly 7% to $26.21 on Tuesday, as investors assess the broader shift to in-house AI chips by companies such as Microsoft, Amazon, Google and Meta.