Advantest raises profit outlook on chip-testing demand
29/07/2026 09:43
Advantest raises profit outlook on chip-testing demand TOKYO, July 29 (Reuters) - Advantest 6857.T raised its annual operating profit forecast by 35% on Wednesday as spending on artificial intelligence drives demand for its chip-testing equipment.
Advantest expects operating profit to rise by 70% to 846 billion yen ($5.17 billion) in the financial year ending March 2027.
The average forecast from analysts polled by LSEG was for operating profit of 686 billion yen in the year to March 31.
Advantest reported operating profit of 190 billion yen in the three months to June 30, up 53% year on year.
($1 = 163.6000 yen)
(Reporting by Sam Nussey
Editing by David Goodman)
((sam.nussey@tr.com;))
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