Advantest Increases Profit Outlook by 25% Due to AI Demand

Reported about 12 hours ago

Advantest has raised its operating profit forecast for the fiscal year ending March 2026 by 25% to 374 billion yen ($2.48 billion), driven by growing demand for its chip testing equipment as artificial intelligence investments surge. The company's operating profit rose 71% in the July-September quarter compared to the previous year, prompting an increase in mid-term financial targets.

Source: YAHOO

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