5Mo·

Advantest raises profit forecast as AI boosts demand for test devices. $6857 (-1,79 %)


Japanese company Advantest on Wednesday raised its full-year profit forecast by almost a fifth to 165 billion yen ($1.08 billion) as strong demand for artificial intelligence chips boosts its testing machine business.

Operating profit in the July-September quarter tripled year-on-year to 63.6 billion yen.


Advantest sees robust demand for artificial intelligence chips, although it will take some time for demand for testing to recover in areas such as the automotive and industrial sectors.


In the second quarter, Taiwan accounted for 73.1% of sales, up from 41.5% three months earlier. China accounted for 42.7% of sales.


Advantest, whose shares have risen nearly 80% since the start of the year, announced it would buy back up to 50 billion yen worth of shares.


($1 = 153.2900 yen)


https://de.marketscreener.com/kurs/aktie/ADVANTEST-CORPORATION-6492081/news/Advantest-hebt-Gewinnprognose-an-da-KI-die-Nachfrage-nach-Testgeraten-ankurbelt-48200017/

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5 Commentaires

Current opinion on this? @Tenbagger2024
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@loginvest
Do you want to invest in Japan. Or rather in tech companies?
@Tenbagger2024 Let's assume I know that the figures are good.....iwie am I just trying to figure out what is expected and priced in and what is not:)
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@loginvest
Profit growth is expected for the next two years. A decline from 2028. The dividend yield will increase. Difficult to say how this will affect the share price. The P/E ratio is falling for the time being.
@Tenbagger2024 was also my info....na then times rin da....in 12d there are numbers:) if I get rid of them then is not so bad;)
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