Reported 1 day ago
Tokyo Electron Ltd. has revised its outlook for the silicon wafer market downwards, sparking a 4.6% drop in its shares despite reporting strong earnings. The company expects sales for 2025 to align with 2024 figures, attributing this to increased deliveries to Chinese clients and a predicted slowdown in investment from China. While the chip equipment supplier plans to expand its facility in Miyagi, the mixed signals regarding AI spending from other players in the industry raise questions about future demand in the chip market.
Source: YAHOO