Tokyo Electron Ltd
8035: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|pLw | LOCK|Wq< | LOCK|<qr^D$h |
Tokyo Electron Earnings: Outpaces Industry Growth Driven by Cutting-Edge Chips; Fair Value up 20%
Tokyo Electron's December-quarter sales increased by 41.2% year on year due to the recovery of investment in cutting-edge chips, posting its second-highest sales ever. Gross margin was 47.6%, up 1.7 percentage points sequentially.
