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Investing.com -- Japan’s Advantest Corporation has increased its full-year operating profit forecast by 37% due to robust demand for its chip testing tools used in artificial intelligence (AI) applications. The announcement was made on Wednesday by CEO Douglas Lefever during an earnings briefing.
The company, which specializes in semiconductor testing, now anticipates an operating income of 226 billion yen ($1.46 billion) for the fiscal year ending March 31. This comes after the firm recorded a 158% rise in operating income to 69.2 billion yen during the October-December quarter.
Lefever attributed the upward revision to the company’s successful efforts in enhancing its supply chain management. This improvement has enabled Advantest to meet the delivery requirements of high performance computing (HPC) and AI customers, thereby accelerating the supply pace.
The CEO also noted a surge in tester demand for AI-related, high-performance semiconductors. Despite recent market fluctuations caused by the introduction of an AI model from Chinese startup DeepSeek, Lefever clarified that Advantest has not observed any changes to its customers’ forecasts.
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