ACM Research: Remains A Buy
ACM Research(ACMR) Seeking Alpha·2024-01-15 11:27SweetBunFactory ACMR Stock Soars on Updated Guidance After announcing an improved revenue outlook for 2023 and a positive guidance for 2024, ACM Research (NASDAQ:ACMR) saw its stock price increase by over 20% last week. The company now anticipates revenue of $$530 million to $$545 million for 2023, an increase from the previous estimate of $$520 million to $$540 million. For 2024, the company forecasts revenue of $$650 million to $$725 million, indicating its strong growth momentum in the semiconductor market ...