TOKYO -- Tokyo Electron, Japan's leading maker of semiconductor production equipment, sees AI-related sales rising about 150% this fiscal year to 690 billion yen ($4.8 billion) and expects demand to increase further next year despite some investor doubts about the outlook for chips used in artificial intelligence.
Semiconductors
AI demand isn't fading, Tokyo Electron finance chief says
Top Japanese chip equipment maker expects related sales to more than double this year
Tokyo Electron upgraded its earnings forecast for this fiscal year on the strength of AI investment. (Tokyo Electron)
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