ACM Research Eyes $3 Billion Revenue, Raises 2024 Outlook

ACM Research Eyes $3 Billion Revenue, Raises 2024 Outlook

ACM Research, a leading provider of wafer processing solutions for semiconductor manufacturing, has announced impressive Q2 2024 results and a significant revenue target. The company reported a 40% year-over-year increase in revenue, reaching $202.5 million. Shipments increased by 32% to $203 million, and both gross and operating margins exceeded targets.