Advantest Raises Full-Year Operating Profit Forecast by 14%
Advantest Corporation raised its full-year operating profit forecast by 14%. Its shares rose more than 6%, and the Nikkei 225 closed higher.
Advantest Corporation, a major manufacturer of semiconductor test equipment, announced an upward revision to its full-year operating profit forecast, raising it by 14%. This positive outlook contributed to a more than 6% increase in the company's share price on the Nikkei 225 index. The announcement helped the Nikkei 225 index close higher, bucking a broader regional trend of tech-driven selloffs. The company's performance and updated guidance were highlighted as key drivers for investor sentiment in the Japanese market.