Tokyo Electron Ltd

8035: XTKS (JPN)
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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.

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