Advantest chief warns any faltering in Big Tech’s AI investments will reverberate through supply chain
Demand for artificial intelligence-enabled smartphones could help to protect parts of the semiconductor industry from a “vicious” downturn if investment in data centres slows, said the chief executive of the world’s largest provider of chip testing machines. Doug Lefever, who leads Nvidia supplier Advantest, said he was watching for any sign of slower spending on AI by big US tech groups.
That dominance has lifted its share price by more than 80 per cent over the past year and about 500 per cent over a five-year period, with a recent dip in December attributed to fears that incoming president Donald Trump would get tougher on China.
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