---
title: "ACMR ACM Research"
canonical: "https://supercyclehq.com/stock/acm-research"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "ACMR"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# ACM Research (ACMR)

ACM Research makes wafer processing equipment, led by cleaning systems that remove microscopic contamination between manufacturing steps.

## AI Exposure Score

**38/100, Growing.** ACM Research's cleaning and plating tools benefit from global fab construction, including AI driven leading edge and packaging capacity. The thesis depends on broad capacity buildout, with China concentration and mature node weighting capping the AI purity.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $44.15 |
| Change 1d | -2.90% |
| Change 7d | -13.36% |
| Change 30d | -47.05% |
| Change 1y | +6.72% |
| 52-week high | $126.89 |
| 52-week low | $29.67 |
| Market cap | $3.1B |
| P/E | 20.83 |
| EPS | $2.12 |
| Next earnings | 2026-11-05 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Technology |
| Headquarters | Fremont, CA |
| CEO | Hui Wang |
| Employees | 2,513 |
| Website | https://www.acmr.com |
| Buildout layers | [Chip Equipment & Foundries](https://supercyclehq.com/category/chip-equipment) |

## What the company does

ACM Research makes wafer processing equipment, led by cleaning systems that remove microscopic contamination between manufacturing steps. Cleaning is repeated hundreds of times per wafer, making it one of the most frequently used tool categories in a fab. Most sales go to fabs in China, and revenue comes from equipment plus upgrades and service.

Its Ultra C line spans SAPS and TEBO megasonic cleaning technologies that clear particles from ever smaller features without damage. Ultra ECP plating tools deposit the copper used in interconnects and advanced packaging, and Ultra Fn furnaces extend the portfolio into thermal processing. Cleaning steps multiply as chips add layers, which grows the served market with each node.

Founded in 1998 and headquartered in Fremont, CA, ACM Research employs about 2,500 people and lists on NASDAQ under ACMR.

## Role in the AI buildout

ACM Research sits in the Chip Equipment layer as a cleaning and plating specialist. Global capacity expansion, including the leading edge and packaging investment triggered by AI demand, pulls its tools into new fabs, and its plating and cleaning systems touch the advanced packaging steps used for AI class devices. The exposure is capped by geography and mix: most revenue comes from China based fabs weighted to mature nodes, so AI is one driver among several rather than the dominant one.

## FAQ

### What does ACM Research do?

ACM Research makes semiconductor wafer processing equipment, led by cleaning systems that remove microscopic contamination between manufacturing steps. It also sells electroplating tools for copper deposition and furnaces for thermal processing, mostly to fabs in China.

### How is ACM Research exposed to AI?

Its cleaning and plating tools benefit from the global fab capacity buildout that AI demand triggered, including advanced packaging steps. Supercycle rates it Growing with an AI Exposure Score of 38 out of 100, reflecting China concentration and mature node weighting.

### What are ACM Research's main products?

The Ultra C cleaning line built on SAPS and TEBO megasonic technologies, Ultra ECP electroplating tools used in interconnects and advanced packaging, and Ultra Fn furnaces for thermal processing steps.

### Who leads ACM Research and where is it based?

Hui Wang, the company's founder, serves as CEO. Founded in 1998, ACM Research is headquartered in Fremont, CA, employs about 2,500 people, and lists on NASDAQ under the ticker ACMR.

### Is ACMR a pure play AI stock?

No. Supercycle rates ACM Research in the Growing tier with a score of 38. It is a fast growing equipment niche player levered to overall fab construction, but its China customer base is weighted to mature nodes rather than AI specific capacity.

---

Source: https://supercyclehq.com/stock/acm-research. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.