Japan's Advantest expects 6% annual profit growth as AI boosts testing

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TOKYO :Japanese chip testing equipment maker Advantest forecast on Friday its operating profit to grow 6 per cent next fiscal year, buoyed by demand for its testing tools for chips used in the artificial intelligence tasks.

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"We are talking a cautious approach, particularly beyond what we can see in the first half," CEO Douglas Lefever told an earnings briefing.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Shares Billion Earnings Operating 2024 Cent Fiscal Advantest Year Tokyo Profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 15:57:53 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 246 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 28205403

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