Tokyo Electron Ltd. reaffirmed its annual outlook and outlined plans to build a ¥104 billion ($681 million) plant, suggesting it expects sustained AI spending. The company, one of a handful of ...

(Bloomberg) -- Tokyo Electron Ltd. lowered its forecast for the silicon wafer market, adding to a mixed picture around elevated AI spending. Shares in the Japanese supplier to Taiwan Semiconductor ...

TOKYO -- Japanese chipmaking equipment supplier Tokyo Electron said Thursday it sees "double-digit growth" in the chip tools market next year, as artificial intelligence in smartphones and PCs ...