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ACMR - Buy ACM Research To Benefit From China's Ambition Of Semiconductor Self-Sufficiency
ACM Research Inc.
2024-07-24 16:55:48 ET
Summary
ACM Research is a niche WFE manufacturer focused on the Chinese market, with a strong position in single wafer and batch wet cleaning equipment.
Founder David Wang's background and expertise in semiconductor technology positions ACMR well to benefit from China's semiconductor self-sufficiency drive.
ACMR's expansion into markets like ECP, ALD furnace, PECVD, and Track equipment, along with its growth projections, suggest it is significantly undervalued.