Japan’s Tokyo Electron set its fiscal-year operating profit outlook at ¥1.17 tln
(about $7.4 bln) for the year to March, above analyst consensus of ¥1.03 tln and
implying 64% YoY growth. Q3 (July–Sept) operating profit rose to ¥295.4 bln
versus consensus ¥256.1 bln. The company said orders are increasing as
chipmakers including Samsung and TSMC accelerate capex to meet AI hardware
demand, and that investment could exceed prior expectations. Tokyo Electron also
cited rising demand tied to projects such as Elon Musk’s Terafab.
