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Japan's Advantest sees memory demand for AI boosting chip tester business

Japan's Advantest said on Wednesday it sees growing demand for its chip testing equipment for memory used for artificial intelligence tasks while reporting a drag from weak electronics sales. Advantest said it sees sales of memory testers reaching 244 billion yen ($1.65 billion) in the financial year ending March, an increase of 5 billion yen from its October outlook but down a quarter on the same period a year earlier. "In order to fulfil all the demand increase in the market we need to make further efforts," Advantest CEO Yoshiaki Yoshida told an earnings briefing.

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