ACM RESEARCH CLASS A INC (ACMR)
Information Technology · Semiconductor wafer fabrication equipment · NASDAQ
ACM Research develops and supplies semiconductor wafer processing equipment for advanced chip manufacturing, with manufacturing and R&D operations principally in China.
What ACM RESEARCH CLASS A INC does
ACM Research is a semiconductor capital equipment company founded in 1998 that designs, develops, and manufactures wafer processing systems for the global semiconductor industry. The company conducts substantial product development, manufacturing, and support operations through its subsidiary ACM Shanghai in mainland China, with product development and subsystem production in Korea, and sales and marketing in North America, Europe, and other Asia-Pacific regions. ACM Research holds a 74.6% ownership stake in ACM Shanghai, which trades on the Shanghai STAR Market (SSEC: 688082.SS).
Themes: ["semiconductor manufacturing equipment","wafer fab equipment","chip fabrication capital equipment","semiconductor capital spending"]
Fundamentals
- Price$106.04 as of 2026-07-09 close
- Market cap$7.4B as of 2026-07-10
- 1-year return+264.3% as of 2026-07-09 close
- P/E81.17 as of 2026-07-10
- Net margin+9.5% as of 2026-07-10
- Gross margin+44.2% as of 2026-07-10
- ROE+6.7% as of 2026-07-10
- Debt / equity0.21 as of 2026-07-10
- Revenue growth (YoY)+19.7% as of 2026-07-10
- Revenue CAGR (3y)+32.3% SEC XBRL
- Beta1.93 as of 2026-07-10
Key risks (from latest filing)
["China regulatory and legal risks: potential restrictions or new requirements from mainland China government authorities on ACM Shanghai's operations or the listing of ACM Research shares on US exchanges","Dependence on China operations: substantial majority of product development, manufacturing, and support conducted in mainland China through ACM Shanghai, subject to complex and rapidly-changing Chinese laws and regulations","Cyclical semiconductor industry: revenue growth tied to semiconductor capital spending cycles and fab equipment demand, which are subject to industry downturns and customer delays"]
Competitors & peers
- Tokyo Electron (TOELY)
- Lam Research (LRCX)
- ASML (ASML)
- Applied Materials (AMAT)
- Onto Innovation (ONTO)
- Mattson Technology
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.