ChatGPT Buzz Fuels Demand for Chips and Gear, Advantest Says
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Advantest Corp. is seeing a spike in demand for its chip-testing devices, catalyzed by the frenzy of interest in OpenAI's ChatGPT and other novel uses of artificial intelligence.A global race to develop powerful computing clusters and next-generation AI training systems is spurring chipmakers to buy many more of the Tokyo-based company's testing tools, Advantest Co-Chief Strategy Officer Yasuo Mihashi said in an interview. The executive's outlook comes against a backdrop of muted demand for consumer electronics and a US-led campaign to restrict trade of advanced semiconductors to China. Japan last month said it would expand export controls on its chip technology. Still, the AI surge is driving up orders from Nvidia Corp. and Advanced Micro Devices Inc., two companies that provide...