Advantest FY24 results soar, FY25 outlook positive despite uncertainty

Advantest Corporation (TSE:6857) announced its FY24 consolidated financial results, reporting a 60.3% increase in net sales to JPY779.7 billion and a 158.8% surge in net income attributable to owners of the parent, reaching JPY161.177 billion. This growth was primarily driven by robust demand for high-performance semiconductors related to AI applications, particularly for data centers and high-performance DRAM.