bullish
Tokyo Electron. Betting Big On MAGIC Despite The Downturn
Q1’23 revenues of ¥558.2 billion, up 19% sequentially and up 1% YoY. FY24 outlook down 23% YoY with H2 marginally better than H1.R&D & CapEx investment increasing significantly despite the downturn.
414 Views20 May 2023 15:17
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