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Semiconductor equipment stocks including ADVANTEST and Tokyo Electron slightly weak, downside limited despite U.S. chip stock decline

Tue May 19, 2026 9:14 am JST Catalyst

ADVANTEST CORPORATION <6857> and Tokyo Electron Limited <8035>, among other semiconductor manufacturing equipment-related stocks, are showing slightly weak price movements but are demonstrating downside resilience. In the previous day's U.S. stock market, the semiconductor sector faced strong headwinds as Micron Technology , Applied Materials , and SanDisk were heavily sold off, and the Philadelphia Semiconductor Index (SOX Index) fell 2.5%, marking a consecutive decline. However, in the Tokyo market, selling pressure on related stocks for risk-avoidance purposes has remained limited. Major semiconductor stocks, including ADVANTEST, have shown strong correction-oriented movements until recently, and bargain hunting and short covering are providing buoyancy to stock prices. NVIDIA's earnings results for the February-April quarter, scheduled to be announced early morning on the 21st Japan time, are expected to show high levels of growth in both revenue and profit, and expectations for strong earnings appear to be encouraging bargain hunting.

Source: MINKABU PRESS

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

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