🟢 Acm Research is trading 4.06% up in pre-market as chip shares rebound after recent declines

Acm Research is trading at $47.17, up +4.06%, in pre-market as semiconductor stocks rebound.

• The Philadelphia Semiconductor Index rose 2.64%, as investors bought chip shares after recent declines and reacted to AMD’s results.
• Acm Research’s third-quarter earnings are scheduled for November 5.
• The company announced preliminary Q3 revenue expectations on October 28; that news predates this move and does not establish a fresh company-specific catalyst.