Advantest raises full-year operating profit forecast by 24% on strong AI demand
29/07/2025 08:59
TOKYO, July 29 (Reuters) - Japanese chip testing equipment maker Advantest 6857.T raised on Tuesday its full-year operating profit forecast by 24% due to robust demand for semiconductors used in artificial intelligence. The company forecast an operating profit of 300 billion yen ($2.02 billion) for the current business year to the end of March 2026, compared with an earlier forecast of 242 billion yen and an average estimate of 302.05 billon yen in a survey of 23 analysts by LSEG. ($1 = 148.7100 yen) (Reporting by Ritsuko Shimizu; Writing by Satoshi Sugiyama; Editing by Muralikumar Anantharaman) ((Satoshi.Sugiyama@thomsonreuters.com;))
Recent news on Advantest
See all newsJapan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay report
Japan's Nikkei falls as SoftBank tanks on reports of OpenAI's IPO delay
Nikkei's record rally shifts gears as investors chase next AI darlings
Foreign investors return to Japanese stocks on AI rally, US-Iran deal
Japan's Nikkei posts sharpest weekly gain in nearly two years on AI shares rally (updated)