Tokyo Electron Limited

The Kioxia was up about 3.4%.

Tokyo Electron, 3.1%.

Just looking at some numbers here.

Korea was slightly weaker.

そうなんですね。

で、今回セミコンインディアはもちろん入って目の前には ASML とかアプライドマテリアルズとかも超大手、半導体製造装置の超大手とか、先ほどのマクロンとか AMD とか設計側ですね。とか、日本だとテル、東京エレクトロンが最前列を陣取ってるんですよ。

じゃあもう有力企業。

そう。で、二列目は、えーと、もう有力な製造メーカー、ラムリサーチとかアメリカですね。あと先ほどのタタエレクトロニクスと。 三列目ぐらいから材料メーカー。大事ですね。その次くらいになんと日本通運。

Uh, and now by AI as, uh, the AI boom.

So, uh, stocks like Kioxia Um, and then all of the other, uh, uh, companies that feed into that semiconductor supply chain like Advantest, you know, Disco, uh, Tokyo Electron, all of these companies have driven the, driven the indices higher.

Mm-hmm.

Um, so I think it's fair to say that there are a lot of value traps in Japan.

Japan's Nikkei was down about two-tenths of a percent in early trading, with chip-related names among the weakest performers.

Tokyo Electron was off roughly two point seven percent.

South Korea was also trading lower as the semiconductor sell-off moved across time zones.

India was the exception in the early indications, with Gift Nifty pointing to a modestly positive open.

But we saw swift reactions pretty much across the board, Sam.

In Asia, we saw SK Hynix, Samsung, SoftBank, which is a big banker of OpenAI, Tokyo Electron, they tumbled between 4% and 10% on fears that this pause in frontier model training could lead to near-term oversupply in bandwidth memory chips.

In Europe, we saw ASML and Siemens fall lower as there start to be some questions around it.

EQUIPMENT DELIVERY FOR SOME OF THESE ADVANCED PHOTOLITHOGRAPHY AND DATA CENTER POWER GRID EXPANSIONS.

Looking at this, maybe we should consider looking at an example, an existing example that's already deployed in foundries.

The industry gold standard... deployed in foundries is the Triton system, which is developed by FormFactor, Advantest, and TEL, Tokyo Electron.

These are names that are well familiar to the semiconductor manufacturers, and they are well established.

This is a system that allows optoelectrical tests at the same time.

There is no high new capital investment required, which is really wonderful when you are thinking about these solutions.

because we don't want to reinvent a lot of the aspects of this infrastructure, which is mainly semi.

This system integrates Tokyo Electron Prober with the ADVANTEST 93K tester solution, and it uses form factor's high density probe cards.

and it combines that whole solution with the PI HEX Nano Optical Aligner.