Asia chip firms see strong AI demand; market jitters continue
· Source: economictimes.com
In short
Asian chip-supply-chain companies are experiencing strong ongoing demand for AI-related products despite investor concerns about returns on AI investments. Foxconn and Tokyo Electron report robust demand for AI components and chipmaking equipment, with Tokyo Electron forecasting an 87% operating profit increase. SK Hynix plans a significant shareholder return driven by higher memory prices.
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Tags: AI, chips, supply chain, semiconductors, investors