📈 Stock Market 1d ago · Dr. Robert Castellano

ACM Research Is Gaining Ground as China Replaces Foreign Semiconductor Equipment

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The post ACM Research Is Gaining Ground as China Replaces Foreign Semiconductor Equipment appeared first on 24/7 Wall St..
ACM Research’s China revenue grew 15.8% in 2025, despite a 0.5% decline in China’s overall semiconductor equipment market.
Revenue outside wafer cleaning surged approximately 160% in the first half of 2026, reaching 51.3% of consolidated sales.
ACM Research’s $2.5 billion backlog, up 88.2% year over year, supports its 2026 revenue growth outlook.

China’s E

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