- ACMR scored numerous gains in FY2020, including double-digit growth and laying the groundwork for future growth with new products and customers.
- ACMR relies heavily on China for growth with three customers in China accounting for 76% of its revenue, a point of major concern.
- ACMR trades at a premium over the competition, but that depends on ACMR sustaining the fast growth afforded to it by China.
- The possibility of having it all taken away by U.S. sanctions hangs over ACMR, seriously dampening the bull case.
For further details see:
ACM Research Maintains A Tricky Balancing Act