ACM Research Benefits from China's Chip Offensive and Expands Internationally

Growth Despite Headwinds: ACM Research reports a Q3 2025 revenue of $269 million (+32%) and becomes a key supplier for China's chip assembly – even in a politically tense environment. More than Just Cleaning: With SAPS technology for 3D structures and an increasing share from Advanced Packaging/ECP (HBM) , ACM is advancing into the core processes of the AI chip era – alongside a solid balance sheet and moderate valuation. What sounded ambitious two years ago is now tangible: ACM Research (ACMR) has developed into a central supplier...