As the saying goes, the darker the night the nearer the dawn. AEM share price could suffer a devastating train-wreck in the coming weeks as the Group unveiled a set of 1HFY2023 financial result that saw revenue plunged 49% year-on-year to $275 million while net profit crashed 76% year-on-year to $19.7 million. As at 11 August 203, AEM share price was trading at $3.42. Question now is whether the counter will see daylight soon? The latest result extinguished any flickering of hopes that recovery for AEM’ semiconductor test solutions business will occur in 2023. The result also banished investors’ hope of a U-shape recovery for AEM share price. Evidently, recovery for the semiconductor industry is slower than expected as AEM management revised downward its revenue guidance for FY2023 from a target of $500 million to a range between $460 million to $490 million on the back of reduced test capital equipment utilisation levels across the industry.In the face of the recent dismal financial...