Tokyo Electron (8035.T) — Technical state

Long reads

• Where to Invest in the AI Chip Constraint ChainDossier · $29 · 3 Mar 2026Tokyo Electron's coater/developer monopoly scales with every new fab.
• Nvidia Ecosystem — Wave 1: The ‘Stacking’ PeakReport · 20 Feb 2026Leading Indicator Alert Tier III manufacturing equipment companies — SUSS MicroTec, Tokyo Electron, Camtek — get paid 2 quarters before NVIDIA ships.

Dailies

• Rates — the Fed hikes and the 10-year closes above 5%: the belly sold, the relief unwound, chips back under $505Morning 10 · 17 Sept 2026Seoul’s Wednesday session, which closed before the decision, had SK Hynix +4.1% and Samsung +2.0%; overnight SK Hynix is −0.2% and Tokyo Electron −2.1%, Asia’s equipment name following the American ones.
• 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 2026The Nikkei 225 fell as much as 2.8% and closed down 2.0% at 63,970.53, with the equipment and memory names that had led on Thursday reversing hardest: Advantest −6.8% to ¥31,610 after +3.3% the day before, Kioxia −7.0% to ¥54,030 after…
• 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 2026Tokyo is split the same way New York was: the Nikkei is at 65,050, down 0.3% ten minutes before the close, with Advantest −3.3%, Tokyo Electron −1.4% and Disco −1.1% on one side and Ibiden +4.1%, Murata +1.5%, Sumco +1.2% and SoftBank…
• Asia’s chip rally fades into the close: Kospi touches 7,171 and ends under 7,000, Nikkei −1.2% on a 153 yen — and Lenovo drops 6%, Z.ai 10% in Hong KongMorning 10 · 8 Sept 2026The Nikkei closed at 65,596.37, down 1.2%, and the names that led Monday’s rally led Tuesday’s giveback: Murata −7.0%, Sumco −6.8%, Ibiden −5.9%, Disco −5.0%, Kioxia −2.8%, Tokyo Electron −2.6%, with Toyota and Honda down 3% to 4% on the…
• 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 2026Seoul is up 4.2% to 6,965, Tokyo 2.0% to 66,315, Taipei 1.6% to 47,300 on the idea that OpenAI’s GPT-6 Astra means more memory chips: SK hynix +7.4%, Samsung +5.0%, Kioxia +9.3%, Tokyo Electron +4.7%.