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Tokyo Electron’s Outlook Beats Estimates While AI Spending Grows

Bloomberg Technology Friday 30 October 2026, 06:35 UTC By Takashi Mochizuki 1 min read
Key Points

Tokyo Electron’s Outlook Beats Estimates While AI Spending Grows Tokyo Electron Ltd. gave an annual outlook that beat estimates in a sign of faster-than-expected spending by chipmakers hurrying to meet AI hardware demand. The supplier of chip tools to Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. forecast an operating profit of ¥1.17 trillion ($7.4 billion) in the year to March. Analysts on average expect ¥1.03 trillion for a 64% rise.

Tokyo Electron’s Outlook Beats Estimates While AI Spending Grows Tokyo Electron Ltd. gave an annual outlook that beat estimates in a sign of faster-than-expected spending by chipmakers hurrying to meet AI hardware demand. The supplier of chip tools to Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. forecast an operating profit of ¥1.17 trillion ($7.4 billion) in the year to March. Analysts on average expect ¥1.03 trillion for a 64% rise.
Tokyo Electron’s (ORG) Outlook Beats (PERSON) Tokyo Electron Ltd. (ORG) AI (ORG) Samsung Electronics Co. (ORG) Taiwan Semiconductor Manufacturing Co. (ORG)
Originally published by Bloomberg Technology Read original →

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