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 70,000 shares of ACMR on 21 May at $24.04 per share, worth a total of $1.7M. They now own 672,716 ACMR shares, or a 9% holding decrease.
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