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Tokyo Electron Lifts Outlook in Sign of AI-Spurred Chip Spending

Tokyo Electron Ltd. raised its full-year outlook even after its quarterly profit missed estimates and said it sees a surge in spending by chipmakers eager to ride an AI spending wave.

The Tokyo Electron Ltd. booth at the Semicon Taiwan exhibition show in Taipei, Taiwan, on Wednesday, Sept. 10. 2025. The show runs through Sept. 12.
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