🟢 ACMR is trading 4.8% up today as Morgan Stanley raises price target on China memory optimism

ACMR is trading 4.8% up at $103.90 following a Morgan Stanley price target increase to $130 and a reiterated Overweight rating.

• Analysts cited improved revenue visibility driven by China’s expanding memory sector and strong domestic demand as key catalysts.
• The stock is rebounding from recent semiconductor volatility, attracting significant interest from momentum and AI-related infrastructure investors.