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Semiconductor equipment makers including ADVANTEST rally sharply on NVIDIA earnings-driven buybacks

Thu May 21, 2026 9:11 am JST Catalyst

ADVANTEST CORPORATION <6857>, Tokyo Electron Limited <8035>, DISCO CORPORATION <6146>, and other semiconductor equipment stocks traded higher. In its February-April 2026 earnings disclosed early this morning Japan time, U.S. chip giant NVIDIA reported an 85% year-on-year revenue surge and net income of $58.3 billion?more than tripling from a year earlier?underscoring its sustained exponential growth. For the May-July quarter, the company forecasts 95% revenue growth with gross margins near 75%, signaling undiminished momentum. Although NVIDIA shares faced selling pressure in after-hours trading on lofty consensus expectations, a mid-tier brokerage strategist called the results "impeccable." This has reignited buying interest in the Tokyo market, where semiconductor and electric wire sectors had recently faced correction pressure.

Semiconductor stocks saw broad-based buybacks in Tokyo, led by major names. With NVIDIA as a key customer, ADVANTEST's earnings are directly linked to the U.S. company's performance, providing a powerful tailwind for its shares. Tokyo Electron and DISCO are also capitalizing on generative AI opportunities, drawing aggressive buying from short-term traders reacting to the NVIDIA announcement.

Source: MINKABU PRESS

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

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