Sign in

    Yu Yoshida • CLSA

    Yu Yoshida's questions to Advantest Corp (ATEYY) leadership

    Yu Yoshida's questions to Advantest Corp (ATEYY) leadership • Q3 2024

    Question

    Yu Yoshida asked about Advantest's market share expectations for SoC and memory testers in 2024 and 2025, and inquired about the competitive landscape, particularly regarding custom ASIC clients. He also followed up on whether the die-level test market is included in the 2025 outlook.

    Answer

    Executive Douglas Lefever stated that 2024 market share is tracking at or above the midterm plan target of 58% or greater. For 2025, he anticipates upside growth from new AI HPC customers. Regarding the follow-up, Mr. Lefever explained it is premature for the die-level handler market to have a significant impact in 2025, with production-level business more likely in the following year.

    Ask Fintool Equity Research AI

    Yu Yoshida's questions to Advantest Corp (ATEYY) leadership • Q3 2024

    Question

    Yu Yoshida inquired about the company's market share expectations for SoC and memory testers for 2024 and 2025, the competitiveness of the market, and if the 2025 outlook includes the die-level test market.

    Answer

    Douglas Lefever, an executive, responded that the company is tracking at or above its midterm plan target of 58% or greater market share for calendar year 2024. He anticipates upside growth in 2025 from new AI HPC customers. Lefever also noted that it is premature for the die-level handler market to have a significant impact in 2025, with large-scale production business more likely in the following year.

    Ask Fintool Equity Research AI

    Yu Yoshida's questions to Advantest Corp (ATEYY) leadership • Q1 2024

    Question

    In a follow-up question, Yu Yoshida of CLSA asked for a more detailed breakdown of the 'computing and communication' SoC category, specifically the proportion driven by AI and HPC. He also asked if 'edge AI' in devices like smartphones and PCs represents the most significant future upside potential.

    Answer

    An executive declined to provide a precise breakdown but confirmed that high-end AI accelerators constitute a 'huge portion' of sales this fiscal year. Douglas Lefever addressed the upside, stating that while data centers are the primary driver now, the first signs of edge AI in PCs and phones are emerging. He cited strong growth forecasts for AI-equipped smartphones, calling it a 'really, really nice upside' due to high consumer volumes.

    Ask Fintool Equity Research AI

    Yu Yoshida's questions to Advantest Corp (ATEYY) leadership • Q3 2024

    Question

    Yu Yoshida of CLSA inquired about Advantest's market share expectations for SoC and memory testers in 2024 and 2025, and whether the market is becoming more competitive, citing a competitor's comments on custom ASIC client adoption.

    Answer

    Executive Douglas Lefever stated that 2024 market share is tracking at or above the midterm plan target of 58% or greater. He anticipates upside growth in 2025 from new AI HPC customers, including the 'Mag 7' and their custom ASIC partners. Lefever also clarified that the die-level handler market is not expected to have a significant impact on the 2025 outlook, with large-scale production likely in the following year.

    Ask Fintool Equity Research AI