Semiconductor Secret Tip: ACM Research benefits from the Chinese Chip Boom

Yesterday, we rightly highlighted ACM Research as the headline topic of the GROWTH magazine. Today, the company once again confirmed my positive assessment with strong quarterly results. The profit was nearly 50% above analysts' expectations! A year and a half ago, the stock was already on the agenda – since then, the price has doubled in line with the earnings increases. The main driver is China's shift away from Western chips – the country is massively investing in its own semiconductors. As a leading provider of cleaning technologies, ACM...