canar.ai
Rankings/AEHR/Q2 2022 Analysis

Aehr Test Systems

AEHR
Q2 2022(AEHR Q4 FY2022)Estimated0% AI
AI Revenue %
0%
AI Fair Value
$5.7M
AI Revenue (Q)
$0
Total Revenue (Q)
$16.2M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

AEHR's FY2022 10-K (ended May 2022) makes zero mention of AI as a market or product application. The business was almost entirely SiC/EV burn-in, with one customer accounting for ~82% of revenue. Products listed for 'electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, data and telecommunications infrastructure, and solid-state memory storage.' Silicon photonics mentioned only for general data center/5G infrastructure. No Incal acquisition. No AI accelerator/GPU product. AI revenue = 0%.
Analyzed by claude-opus-4-6

Quoted Figures

During fiscal 2022, one customer accounted for approximately 82% of our net sales.
10-K FY2022, Item 1A Risk Factors
The expanding automotive, mobility, networking, and telecommunications markets require semiconductor devices that meet increased quality and reliability specifications.
10-K FY2022, Item 1 Business Overview

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Silicon photonics burn-in for data center optical interconnects (nascent, not AI-specific)

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix