Advantest News Today : Breaking News, Live Updates & Top Stories | Vimarsana

TOKYO (Reuters) -- Japan chip testing equipment company Advantest said on Wednesday that Chief Operating Officer Douglas Lefever, a U.S. citizen, will

Advantest Co. (OTCMKTS:ATEYY – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $48.22 and last traded at $48.03, with a volume of 97352 shares. The stock had previously closed at $43.50. Advantest Stock Up 10.4 % The stock has a market cap of […]

Nvidia: Japan's benchmark has rocketed about 52% from its January 2023 trough, supercharged by a tech-rally, corporate governance changes and rising exporters' profits thanks to a weak yen.

Japan's Advantest said on Wednesday it sees growing demand for its chip testing equipment for memory used for artificial intelligence tasks while reporting a drag from weak electronics sales. Advantest said it sees sales of memory testers reaching 244 billion yen ($1.65 billion) in the financial year ending March, an increase of 5 billion yen from its October outlook but down a quarter on the same period a year earlier. "In order to fulfil all the demand increase in the market we need to make further efforts," Advantest CEO Yoshiaki Yoshida told an earnings briefing.

Advantest said it sees sales of memory testers reaching 244 billion yen ($1.65 billion) in the financial year ending March, an increase of 5 billion yen from its October outlook but down a quarter on the same period a year earlier.