Tokyo Electron Limited (TOELF)
- Bloomberg
Tokyo Electron Plans Record R&D Outlay Spurred by AI Chip Demand
(Bloomberg) -- Tokyo Electron Ltd. is planning record research and development outlays this fiscal year and gave an upbeat revenue forecast on a surging demand for AI-enabling infrastructure.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealFord Cuts Battery Orders as EV Losses Top $100,000 Per CarHow One Brooklyn Neighborhood Became a Nightclub HavenElon Musk Pledges to Grow Supercharger Busines
- Zacks
Are You Looking for a Top Momentum Pick? Why Tokyo Electron Ltd. (TOELY) is a Great Choice
Does Tokyo Electron Ltd. (TOELY) have what it takes to be a top stock pick for momentum investors? Let's find out.
- Reuters
Japan's Nikkei ends flat as chip gains counter Uniqlo owner's retreat
Japan's Nikkei share average closed little changed on Tuesday, as gains in chip-related stocks offset declines by heavyweights such as Uniqlo-owner Fast Retailing and Nissan Motor. The Nikkei's three biggest supports were in the semiconductor sphere, led by chipmaking-equipment giant Tokyo Electron, as they tracked a record rally in U.S. peer Nvidia. However, Nissan slumped nearly 4% after an update to its medium-term business plan that underwhelmed investors.
