Tokyo Electron forecasts record ¥1 trillion operating profit for FY ending March 2027 on AI chip demand

Tokyo Electron, Japan's largest semiconductor equipment maker, forecasts a record operating profit of ¥1 trillion ($6.3 billion) for the fiscal year ending March 2027, up about 60% year over year, driven by strong demand for AI-related semiconductor manufacturing equipment.

Detected & updated continuously · Source: Nebula