Tokyo Electron counts on AI chip tools to offset China slowdown

Company expects AI sector to account for 40% of sales next fiscal year

20241219N Tokyo Electron

Chips for artificial intelligence applications remain a key driver of Tokyo Electron's earnings. (Tokyo Electron)

KYOKA YUASA, Nikkei staff writer

TOKYO -- Japanese chipmaking equipment manufacturer Tokyo Electron is on track to increase sales in the artificial intelligence sector next fiscal year to make up for the Chinese business slowdown.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.