AEM shares jump 7.9% after H1 profit rises 10 times

AEM Holdings Ltd's shares jumped as much as 7.9% to S$10.39 on Thursday after the semiconductor test-equipment maker reported a first-half net profit of S$31 million, 10 times higher than the S$3.1 million in the same period last year, driven by stronger demand from AI chipmakers. The company's fabless AI and high-performance computing customer became its largest contributor for the half year as production ramped up.

AEM shares jump 7.9% after H1 profit rises 10 times The counter is up as high as S$10.39 on Thursday morning, adding S$0.76 from its Wednesday closing price SINGAPORE Shares of AEM jumped as much as 7.9 per cent on Thursday Aug 13 after the semiconductor test-equipment maker recorded a strong first-half profit the prior day. Its net profit of S$31 million https://www.businesstimes.com.sg/companies-markets/aems-h1-net-profit-rises-10-times-s30-8-million-stronger-ai-chip-demand was 10 times higher than the S$3.1 million in the first half of 2025, on the back of stronger demand for its test equipment from artificial intelligence chipmakers. The growth was driven by the company’s fabless AI and high performance computing customer, which became its largest contributor for the half year as production ramped up, said AEM. In response, the counter rose as high as S$10.39 on Thursday, adding S$0.76 from its Wednesday closing price. Nearly 2.4 million securities changed hands. AEM has extended its net profit growth streak to a fourth quarter, with a third consecutive quarter of revenue growth – led by its test-cell solutions segment. Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free. Copyright SPH Media. All rights reserved. TRENDING NOW /pulse?ref=trending-now How BYD disrupted Singapore’s car market – and why the strategy is turning on itself Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023