Japan's Advantest expects 6% annual profit growth as AI boosts testing


FILE PHOTO: Advantest's logo is pictured in Tokyo, Japan June 4, 2024. REUTERS/Sam Nussey/File Photo

TOKYO (Reuters) -Japanese chip testing equipment maker Advantest forecast on Friday its operating profit to grow 6% next fiscal year, buoyed by demand for its testing tools for chips used in the artificial intelligence tasks.

Advantest "does not recognise more than a minor direct impact" from tariffs but the business environment is increasingly uncertain, the company said in an earnings release.

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