ACM Research backlog jumps 88% as China's chip-tool localization accelerates
Shanghai-listed chip-tool maker ACM Research (Shanghai) reported an 88% surge in its order backlog amid China's semiconductor equipment expansion and localization push. AI-related capacity investment continues to support future deliveries.
- ACM Research (Shanghai) order backlog up 88%
- Growth driven by China's chip-tool localization
- AI capacity investment boosts future deliveries
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