ACM Research, Inc. (ACMR) Backlog Rises 88% YoY to RMB 17.1B

ACM Research, Inc. said ACM Shanghai’s backlog was RMB 17.1B ($2.5B) as of Sept. 29, 2026, up 88.2% YoY. Backlog includes shipped-not-recognized and future-ship orders and may not convert to revenue.Material DetailsContext by AI AnalystThis is a mid-cycle demand update indicating a larger order boo…