Tokyo Electron announced an operating profit forecast of ¥1.169 trillion for the current fiscal year, which is expected to exceed the market forecast of ¥1.025 trillion. Expanding demand for AI hardware is expected to provide a tailwind.
Tokyo Electron indicated an operating profit forecast of ¥1.169 trillion for the fiscal year ending March 2027. The market forecast is ¥1.025 trillion, making the company's outlook higher.
Against a backdrop of surging demand for AI hardware, the company indicated that it plans to raise its profit forecast for the current fiscal year.