Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012.
Shares of Japanese semiconductor equipment maker Advantest jumped as much as 14% Thursday after the company posted record quarterly sales, before paring gains to about 7%.
Operating profit for the October-December quarter surged 64% year on year to 113.6 billion yen ($741.8 million). The company also raised its operating profit forecast for the year ending March 2026 by 21.4% to 454 billion yen on Wednesday.
Growth was driven primarily by its Test System Business, where sales surged 51.1% to 723.1 billion yen as demand surged for system-on-a-chip testers used in high-performance and AI semiconductors.