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

• 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…
• AI trade — the labs ask for a slowdown: Kospi −3.3%, SoftBank −11%, Nasdaq futures −1.2%, oil back above $106Morning 10 · 14 Sept 2026The equipment names held: Advantest −1.5% to ¥31,250, Tokyo Electron −0.5%, Disco −0.2%, Lasertec −0.1%; Hitachi rose 2.5% and the banks were up.
• Oil settles at $107.63, the 10-year hits 4.95% and the 30-year 5.36%, its highest since 2007: chips lead a fourth down day, Oracle beats and jumps 4% after hours, Adobe beats and slips — and Asia sells its chipmakers 3% to 7%Morning 10 · 11 Sept 2026Asia this morning is selling the chipmakers it bought on Thursday: Advantest −6.8%, Kioxia −7.0%, Samsung −3.3%, the Nikkei −2.0%, the Kospi below 7,000 at 6,923.
• Brent closes above $100 for the first time since July and the 10-year hits 4.86%: Wall Street falls a third day while Cloudflare +10%, Datadog +7% and Meta +7% catch the money the chip leaders gave backMorning 10 · 10 Sept 2026Asia is selling the oil, not the chips: the Kospi fell more than 1% in the morning and has clawed back to 7,043, SK hynix +0.2%, Advantest +2.7%, the Nikkei −0.4%, Hong Kong −1.3% with Alibaba −3.2%, Australia −1.4%.
• Oil knocks on $100 and Wall Street sells everything but the AI pipe: Intel +9%, Lumentum +11%, Dow −1.2% — Seoul buys the dip and the Kospi is back above 7,000Morning 10 · 9 Sept 2026Asia took the chips and left the rest: the Kospi is up 1.2% at 7,038 with SK hynix +3.1%, the Nikkei is down 0.3% with Advantest −3.3% and SoftBank +3.2% on a $10–20 billion bond plan, and China’s producer prices rose 3.8%, the most in…
• Kospi jumps 4% on OpenAI’s new model: SK hynix +7%, Kioxia +9%, SoftBank +10% — while gold and bitcoin slide on the rate-hike oddsMorning 10 · 7 Sept 2026The Nikkei 225 is up 2.0% at 66,315, led by SoftBank Group (+10.1%), Kioxia (+9.3%), Tokyo Electron (+4.7%) and Advantest (+3.8%).