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ACMR — ACM Research News Story

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ACM Research rises; Reuters reports Intel has tested chipmaking tools from firm

** Shares of semiconductor equipment maker ACM Research ACMR.O rise 3.18% to $41.26 premarket

** Intel INTC.O tested chipmaking tools from ACMR, Reuters reports

** Tools evaluated for use in Intel's advanced chipmaking process, report says

** ACMR has units sanctioned by U.S. over alleged ties to China's military

** ACMR says U.S. operations are isolated from Shanghai unit and denies posing national security risk

** Stock more than doubled YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))

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