Applied Materials, Tokyo Electron eye quarterly revenue rebound

Chipmaking device makers project turnaround amid AI and China's domestic chip drive

20240522N Tokyo Electron

Tokyo Electron is on track to boost revenue 30% this quarter thanks to investments in AI servers. (Tokyo Electron)

KYOKA OMICHI, Nikkei staff writer

TOKYO -- Almost all of the world's top suppliers of chipmaking equipment are on track to gain in revenue this quarter, company and market forecasts show, indicating a reversal in the global market downturn.

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