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MarketBeat
Leo Miller

Small Cap Spike: Semi Stock AEHR Up +40% in 2026 Post-Earnings

AEHR Aehr Test Systems SIC MarketBeat Semiconductor

For shares of Aehr Test Systems (NASDAQ: AEHR), it's hard to imagine a hotter start to 2026. As of the Jan. 20 close, the stock is already up 44% on the year.

The most recent earnings release on Jan. 8 provided mixed signals, but ultimately helped the stock shoot up 16% the next day. With revenues falling, but millions in new artificial intelligence (AI) orders coming in, what does the future hold for the semiconductor stock? 

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