Advantest hikes profit forecast by 25% on AI boost

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TOKYO :Japan's Advantest on Tuesday hiked its operating profit forecast for the year ending March 2026 by 25 per cent to 374 billion yen ($2.48 billion) as spending on artificial intelligence drives demand for its chip testing equipment. "We have grown confident that the favourable business environment, supported by the ongoing build-out of global AI data centre infrastructure, will continue," CEO Douglas Lefever told an earnings briefing. Operating profit rose 71 per cent to 108.4 billion yen

Advantest hikes profit forecast by 25% on AI boost https://www.channelnewsasia.com/ - 28.10.2025 11:46

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Advantest hikes profit forecast by 25% on AI boost https://www.channelnewsasia.com/ - 28.10.2025 11:46