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The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now moved into a technical correction after falling by 12% from its highest point this year.

Artificial intelligence has transformed the semiconductor industry into one of the fastest-growing corners of the global economy. Investors have poured capital into chip designers, GPU manufacturers, and semiconductor foundries as demand for AI infrastructure continues to accelerate.

LBRT, ATEYY and GDOT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 23rd, 2026.

EL, ARKO, ATEYY, GDOT and BEN have been added to the Zacks Rank #1 (Strong Buy) List on June 23rd, 2026.

I initiate Advantest with a 'buy' rating, considering its robust growth prospects across different time horizons. Strong industry data from Korea, Taiwan, and Japan supports the consensus's projection of 28% revenue and 34% EPS growth for ATEYY in Q1 FY26. The company's long-term upside is driven by production capacity expansion, silicon photonics penetration, and proprietary heat management solutions.