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TEL's April-June sales jump 33% to ¥732B; first-half forecast raised to ¥1.62T
Tokyo Electron's first-quarter net sales rose 33.3% year on year to ¥732.4B and operating income 46.1% to ¥211.4B, driven by chipmakers' spending on AI chips. It raised its first-half forecast to ¥1,620B in sales and ¥458B in operating income.
- Net income rose 39.5% to ¥164.3B.
- First-half forecast raised from ¥1,570B to ¥1,620B sales.
- Full-year forecast to come with second-quarter results.