Kerrisdale Capital has identified ACM Research Inc. (ACMR) as a strong investment opportunity, citing its position as a leading wafer-cleaning toolmaker in the rapidly expanding Chinese semiconductor sector. The firm believes that ACMR could potentially deliver substantial returns, referring to it as a '10-bagger.' The company's growth is attributed to the localization of semiconductors in China, which presents significant opportunities for expansion. Following Kerrisdale's endorsement, ACMR shares saw a pre-market increase of 14.4%. The firm has encouraged investors to conduct further research on ACMR, highlighting past commentary and data points available on social media platforms.