Tokyo Electron expected to see profit rebound on AI demand

Fellow Japan chip equipment makers Disco, Lasertec to reap similar gains

20240415N Tokyo Electron

Global sales of chipmaking equipment are estimated to reach $124 billion in 2025, surpassing the industry record set in 2022. (Tokyo Electron)

KYOKA OMICHI, Nikkei staff writer

TOKYO -- Japanese manufacturers of chipmaking equipment such as Tokyo Electron are attracting analyst estimates of double-digit profit gains this fiscal year, a rebound driven mainly by surging demand from the artificial intelligence boom and from China.

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