Trend Micro shares fell 8.4% on Monday following a downward revision to its full-year earnings forecast, closing at ¥5,361. The acceleration of AI infrastructure investment and developments in the cloud business are drawing market attention.
Trend Micro shares fell 8.4% in Monday trading, closing at ¥5,361. The decline was attributed to downward revisions to its revenue and profit forecasts.
The company has indicated that investment in AI infrastructure is accelerating and pointed to developments in its cloud business, prompting market views that changes in its business strategy in these areas are having an impact.