Advantest (6857.T) — Technical state

Long reads

• Where to Invest in the AI Chip Constraint ChainDossier · $29 · 3 Mar 202657× Fwd P/E ~30% AI Rev Growth 4 Hyperscaler ASICs Advantest 6857.T · ¥9,800 Buy on Dips Constraint: 50%+ of automated test equipment ; every chip must be tested The most overlooked constraint: every chip must be tested before it ships…
• Google and RSI — The Loop Nobody Has ClosedReport · 13 Sept 2026
• This company collects a toll on every AI memory chip that ships. Our Directional Flow flagged it — and the wave count says the move is still runningChart Pick · 14 Aug 2026Our Directional Flow — the scanner score that grades persistence and quality of directional movement — has held Advantest at 75/100, in the warm band, through a month in which most of the Rubin universe cooled; the score's own momentum is…

Dailies

• Storage — Seagate −9.2%, Western Digital −6.9% on a record day for the S&P 500 and the NasdaqMorning 10 · 7 Oct 2026Tokyo's equipment and testing names followed overnight: Tokyo Electron fell 1.8% to ¥12,580, Advantest fell 1.3% to ¥41,290.
• Nasdaq — record close at 27,477 while the chip funds sit 5–15% below their June peaksMorning 10 · 6 Oct 2026Tokyo rose 1.1% with Advantest +3.8%, while SoftBank fell 3.3%.
• Asia — Nikkei back near 70,000, Taiwan +2.4%; euro at a 17-month low, US futures slightly lowerMorning 10 · 5 Oct 2026Friday's weak jobs report took a Fed rate hike off the table for now, and Asia bought the chip makers: Tokyo Electron +5.0%, Advantest +3.6%, TSMC +2.6%.
• AI comeback — Accenture +18%, Synopsys +8%, optics +9% while all three US indices slipMidday 10 · 1 Oct 2026AI hardware suppliers jump: Coherent $316.10 (+9.83%), Lumentum $1,057.23 (+8.85%); Arista +0.35%, Nvidia +0.35%, Broadcom −1.24%; in Tokyo, Lasertec +11.14% and Advantest +9.78%
• Rates — the 30-year hits its highest since 2004; Oracle and Arm sold, Meta and Intel bought, Nasdaq ends flatMorning 10 · 25 Sept 2026Tokyo extended its gains: Nikkei 225 66,356.13 (+1.29%) at 05:52 UTC; Tokyo Electron +4.56%, Advantest +2.48%, Kioxia +2.02%; SoftBank -2.68%; the yen firmer at 158.18 per dollar
• Rates — the 10-year closes at 5.11% and the 5-year hits 5%; Tokyo reopens higher, chip-equipment makers leadMorning 10 · 24 Sept 2026Tokyo reopened higher after three days of holidays: Nikkei 225 65,737.89 (+1.11%) at 06:10 UTC against its 18 September close; Advantest +3.65%, Tokyo Electron +2.03%, SoftBank +1.55%; Toyota -1.52%, MUFG -0.94%
• Asian Chips — Korea’s chip exports more than tripled and the Kospi touched 7,000, with Tokyo shutMorning 10 · 21 Sept 2026
• AI trade — sellers of compute sold, buyers bought: chips −5.6%, software +5%, SoftBank +7% in TokyoMorning 10 · 15 Sept 2026The Kospi is −1.2% at 6,604 after Monday’s −3.3%, SK Hynix −0.9%, Samsung −0.7%; TSMC is unchanged at NT$2,380 and the Taiex closed −0.7%; the Nikkei is −0.5% at 63,196 with Advantest −4.0% and Tokyo Electron −1.2%, and SoftBank has…