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TOKYO ELECTRON DEVICE rises sharply for fourth straight session, hitting new highs on generative AI infrastructure demand under Tokyo Electron

Mon May 18, 2026 1:03 pm JST Catalyst

TOKYO ELECTRON DEVICE LIMITED <2760> shares rose sharply for a fourth consecutive session, extending their record-breaking rally into the new week. As an electronic device and semiconductor trading house that also possesses proprietary manufacturing capabilities like its parent, Tokyo Electron Limited <8035>, the company is attracting strong investor interest as a high-growth technology distributor. Driven by expanding revenue opportunities from generative AI-related projects, the company forecasts double-digit top-line growth for the fiscal year ending March 2027, with ordinary profit projected to rise 16% year-on-year to 11.3 billion yen. The stock has fallen on only a single trading day since the start of May, signaling sustained, demand-driven accumulation by institutional investors.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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