Tokyo Electron AI Boom Slows as Company Issues Cautious Forecast

On October 31, 2025, Japan’s semiconductor-equipment maker Tokyo Electron Limited surprised investors by issuing a cautious outlook. After riding a steep wave of demand for artificial-intelligence chips and data-center gear, the company now signals that growth could slow. Just a year ago, the world was scrambling to build out AI-driven infrastructure and chips. Many believed the boom would last without pause. Tokyo Electron enjoyed that surge.