According to JX Advanced Metals, the Japanese semiconductor materials supplier upgraded its full-year fiscal 2026 guidance on November 9, citing strong AI server-related demand. The company raised consolidated revenue guidance to ¥1.05 trillion (18.7% YoY growth), operating profit to ¥255 billion (45.7% YoY), and net profit to ¥160 billion (52.9% YoY), from prior estimates. Demand for sputtering targets and other semiconductor materials expanded while copper prices exceeded expectations. The company also increased H1 FY2026 semiconductor materials revenue guidance to annual growth of 24%, up from prior 21% estimate.

In the first half of FY2026 (April-September), JX Advanced Metals reported consolidated operating profit surged 115% to ¥150.8 billion. CEO Yoichi Hayashi stated on November 9 that while short-term adjustments may occur, the company does not expect AI demand to significantly slow and will continue planned investments.

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