On June 25, Tokyo Electron rose 4.76% in pre-market trading, trading at $230.82/share, with turnover of $11.54 million. The rebound follows a nearly 5% intraday decline on the previous trading day triggered by concerns over a historic drop in China sales.
The broader semiconductor equipment sector rallied sharply, with Applied Materials up 7.31%, Lam Research up 7.21%, KLA-Tencor up 5.20%, Teradyne up 4.75%, and ASML up 4.51%. In the Japanese market, Tokyo Electron gained nearly 6% during the regular session. The sector-wide strength comes amid an improving global wafer fab equipment demand outlook, with major investment banks revising WFE forecasts upward to $141 billion, $186 billion, and $208 billion for the next three years respectively, citing AI-driven expansion in advanced logic, HBM, and advanced packaging. Equipment makers are also gaining pricing power as delivery lead times tighten, with suppliers beginning to discuss price increases and fast-delivery premiums.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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