Tokyo Electron Adds $12 Billion in a Day on Strong China Demand
Demand is surging from Chinese semiconductor ventures buying up legacy equipment as US trade curbs prevent them from acquiring the best chips for tasks like artificial intelligence development....
Tokyo Electron Shares Drop After Chip Market Outlook Disappoints
1 day ago · China is expected to comprise a percentage in the mid-thirties of Tokyo Electron’s sales in the business year starting April, down from more than 40% in the current fiscal year.
Tokyo Electron to expand despite AI spending doubts
1 day ago · Tokyo Electron Ltd reaffirmed its annual outlook and outlined plans to build a ￥104 billion (US$683 million) plant, suggesting it expects sustained spending on artificial intelligence (AI). ... China is expected to comprise a percentage in the mid-30s of Tokyo Electron’s sales in the business year starting in April, down from more than 40 ...
Tokyo Electron Soars After China Demand Boosts Outlook
Feb 13, 2024 · Tokyo Electron Adds $12 Billion in a Day on Strong China Demand. AI tide is driving global investment in chipmaking gear; Optimism is lifting shares in chip-related and AI firms
Tokyo Electron Leads Japan Tech Selloff on China Chip Curb Fears
Jul 17, 2024 · Tokyo Electron relies on China for more than 20% of its sales, said T&D Asset Management Chief Strategist Hiroshi Namioka.
Tokyo Electron adds US$12bn on strong demand from China
Feb 14, 2024 · Tokyo Electron Ltd’s market capitalization surged by more than US$12 billion yesterday, hitting a record high after the company hiked guidance for the year on the strength of sales to China.￥ The chipmaking gear producer rose 13 percent in Tokyo yesterday, hitting a valuation of ￥15.9 trillion (US$106 billion) with its highest close on ...
Japan finds big legacy chip market in China despite export
Dec 18, 2023 · Tokyo Electron, one of Asia’s largest makers of semiconductor equipment, is finding the effect of American and Japanese controls, which bar the sales of cutting-edge chips and chipmaking...
Strong demands from China partially offset Tokyo Electron's
Aug 11, 2023 · Tokyo Electron suffered from the weak consumer electronics market when semiconductor companies slowed their capital expenditure plans in this transitional period. Meanwhile, China emerged as...
Tokyo Electron says China is snapping up its less advanced chip …
Dec 16, 2023 · Asia’s largest semiconductor equipment maker Tokyo Electron says it has largely managed to offset the impact of controls on exports to China by expanding its sales of less advanced products...
Tokyo Electron Lifts Outlook After China Chip Growth Quickens
Nov 10, 2023 · Tokyo Electron Ltd. raised its full-year earnings and revenue targets after demand from China for its chipmaking equipment quickened in the September quarter. The Tokyo firm said sales to...