Monty Rakusen I first wrote about my investment thesis on ACM Research (NASDAQ:ACMR) last month. Unfortunately, ACMR’s stock declined quite a bit along with the market sell-off. However, the fundamentals of the business are better than expected, as evidenced by ACMR’s very strong Q2 2024 results. Both revenue and gross margin topped analysts' estimate. ACMR also announced a major new product for the next generation fan-out panel-level packaging, which allows ACMR to further penetrate the AI market. ACMR ...