ACM Research, based in Fremont, California, specializes in single-wafer wet cleaning equipment and advanced packaging tools, employing 1,590 staff since its IPO on November 3, 2017. The company utilizes SAPS and TEBO technologies for fabricating various semiconductor chips.
David H Wang sold 56,250 shares of ACMR on 11 March at $26.57 per share, worth a total of $1.5M. They now own 747,708 ACMR shares, or a 7% holding decrease.
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