ACM Research's Shanghai Unit's Total Backlog Rises 88%; Shares Gain

01:44 PM EDT, 09/30/2026 (MT Newswires) -- ACM Research (ACMR) said its Shanghai unit's total backlog as of Tuesday was 17.1 billion renminbi ($2.5 billion), up 88% from the prior year's disclosed backlog. The backlog includes orders for tools that have shipped but are not yet recognized as revenue under Chinese GAAP, as well as orders expected to ship later, the company said Wednesday in a statement. ACM Shanghai will release its full financial results for the nine months ended Sept. 30 on Oct. 28. ACM Research shares rose 6.5% in Wednesday trading. Price: 80.52, Change: +4.91, Percent Change: +6.49