TOKYO -- Chipmaking equipment maker Tokyo Electron could see competition for generative artificial intelligence lift earnings as early as 2024, Senior Vice President Hiroshi Kawamoto told Nikkei.
Chip equipment maker projects memory-related demand to pick up toward year-end

Tokyo Electron expects its GPU-related equipment to drive growth over the medium- to long-term. (Photo by Keiichiro Sato)
TOKYO -- Chipmaking equipment maker Tokyo Electron could see competition for generative artificial intelligence lift earnings as early as 2024, Senior Vice President Hiroshi Kawamoto told Nikkei.