Tokyo Electron (OTCMKTS:TOELY) shares gap down - what's next? August 18, 2026 Key points. * Tokyo Electron shares fell sharply: The stock opened at $173.83 versus a prior close of $188.85 and last traded at $172.69, down 10.2%. Its market capitalization is approximately $158.78 billion. * Analyst sentiment remains positive: Zacks Research upgraded the stock from "hold" to "strong buy," and MarketBeat reports a consensus "strong buy" rating from analysts. * Recent results were mixed but profitable: Tokyo Electron reported quarterly earnings of $1.13 per share, beating estimates, while revenue of $4.60 billion fell short of forecasts. Madison Asset Management increased its position by 13.7% in the second quarter. * Five stocks to consider instead of Tokyo Electron. Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report)'s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $188.85, but opened at $173.83. Tokyo Electron shares last traded at $172.69, with a volume of 13,279 shares changing hands. Analyst ratings changes. Separately, Zacks Research upgraded Tokyo Electron from a "hold" rating to a "strong-buy" rating in a report on Friday, June 19th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Strong Buy". Tokyo Electron stock down 10.2%. The company has a market capitalization of $158.78 billion, a PE ratio of 38.82 and a beta of 1.92. The business's 50 day simple moving average is $206.04 and its 200 day simple moving average is $164.80. Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.04. Tokyo Electron had a net margin of 23.58% and a return on equity of 24.61%. The business had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $4.67 billion. On average, analysts anticipate that Tokyo Electron Ltd. will post 5.18 earnings per share for the current fiscal year. Hedge funds weigh in on Tokyo Electron. A hedge fund recently raised its position in Tokyo Electron stock. Madison Asset Management LLC boosted its position in shares of Tokyo Electron Ltd. (OTCMKTS:TOELY - Free Report) by 13.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,759 shares of the company's stock after purchasing an additional 1,775 shares during the period. Madison Asset Management LLC's holdings in Tokyo Electron were worth $3,587,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.27% of the company's stock. About Tokyo Electron. Tokyo Electron OTCMKTS: TOELY is a Japan-based manufacturer of equipment and services for the semiconductor and flat-panel display industries. The company develops, produces and sells a broad range of wafer fabrication tools used across front-end and back-end semiconductor processes, including equipment for etch, deposition, thermal processing, wafer cleaning and inspection, as well as production systems for advanced packaging and assembly. In addition to semiconductor tools, Tokyo Electron supplies production equipment and process solutions for flat-panel displays and related display technologies. Discover more Earnings call transcripts ETF screener access Beyond capital equipment, Tokyo Electron provides lifecycle services such as installation, maintenance, spare parts, process support and software solutions aimed at maximizing tool uptime and process yield. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Tokyo Electron, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tokyo Electron wasn't on the list. While Tokyo Electron currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys. With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Tokyo Electron raises half-year profit and dividend forecasts on AI chip investment. Tokyo Electron's quarterly operating profit rose 46% on AI-server chip investment, and it has already raised its half-year sales, profit and dividend forecasts, saying July's Kumamoto earthquake caused no significant damage to its facilities. Tokyo Electron's chipmaking-tool business had its strongest quarter in years. Net sales for the three months to the end of June rose 33.3% year-on-year to ¥732.4bn, and operating profit jumped 46.1% to ¥211.4bn, as customers kept pouring capital into semiconductor production lines built for AI servers. Ordinary profit climbed 46.3% to ¥215.6bn and net profit attributable to shareholders rose 39.5% to ¥164.3bn. The equity ratio stood at 71.7% at quarter-end. Tokyo Electron reports as a single segment, semiconductor production equipment, so it does not break the quarter down by product line or region. The results were strong enough that the company revised its half-year guidance upward just three months after setting it. For the six months to the end of September, Tokyo Electron now expects sales of ¥1.62tn, operating profit of ¥458bn and net income of ¥349bn, each raised from the forecast it issued on April 30. The upgrade carries through to the payout. Tokyo Electron raised its interim dividend forecast to ¥384 per share from ¥361, consistent with a policy that targets a payout ratio of roughly 50% of net profit attributable to shareholders. Last year's full-year dividend totaled ¥628 per share, split into a ¥264 interim payment and a ¥364 year-end payment. This year's year-end dividend, and the full-year sales and profit outlook, will not be disclosed until the half-year results announcement. One event the company addressed directly: the Kumamoto earthquake of July 28, 2026. Tokyo Electron said its group facilities and equipment sustained no significant damage and that the impact on results is expected to be minor, without putting a figure on any cost or output effect. The company has not yet updated its outlook for the full fiscal year running through next March; that guidance is due alongside the half-year results later this year.

CuspAI: $450M Series B at $2.6B valuation for AI Materials discovery. Kleiner Perkins and NEA co-led a round that took CuspAI from $520M to $2.6B in ten months, with Jeff Bezos and John Doerr writing personal checks into a startup that wants to replace lab trial-and-error with AI-designed materials. Co-Founder & GP at Six Point Ventures · 3x founder (BrandYourself, Launch.it, SPOT) · 65+ investments · Based in Boca Raton, FL 65+Investments 3xFounder $200M+Funds Tracked Quick Answer CuspAI, a Cambridge, UK-based AI materials discovery startup, raised a $450 million Series B at a $2.6 billion valuation, co-led by Kleiner Perkins and NEA with participation from Bezos Expeditions, Lux Capital, and AMD Ventures. The round is a roughly 5x markup from the $520 million valuation CuspAI held after its Series A just ten months earlier, in September 2025. CuspAI raised $450 million at a $2.6 billion valuation, co-led by Kleiner Perkins and NEA with Jeff Bezos's family office writing a check alongside John Doerr. That's the short answer. The longer answer is more interesting. A Cambridge, UK company that helps discover new materials - the kind that go into chips, batteries, and industrial coatings - just went from a $520 million valuation to $2.6 billion in ten months, without a product category most people have heard of. This isn't a chatbot, an agent framework, or a coding tool. It's AI applied to one of the slowest, most trial-and-error-heavy fields in industrial science, and the capital markets just priced it like the next foundation model company. CuspAI $450M Series B: round terms and lead investors. CuspAI closed a $450 million Series B on July 21, 2026, co-led by Kleiner Perkins and NEA at a $2.6 billion post-money valuation. Bezos Expeditions, Lux Capital, AMD Ventures, Glade Brook Capital Partners, Tru Arrow Partners, StepStone, and Britain's Sovereign AI Venture Fund all participated, alongside angel investor John Doerr. co-led by Kleiner Perkins, NEA Series B raised up from $520M in Sep 2025 New valuation in roughly 10 months Valuation multiple incl. NVIDIA, Meta, Samsung, AMD Foundry partners Figures from TechFundingNews, SiliconANGLE, and Pulse2 reporting on CuspAI's Series B announcement, July 21, 2026. What CuspAI actually builds. CuspAI's pitch is that materials science still runs on a discovery process that hasn't fundamentally changed in decades: a researcher hypothesizes a compound, synthesizes it, tests it, and iterates - often across years and thousands of failed candidates - before landing on something that works. CuspAI's models simulate the mechanical, thermal, and electronic properties of candidate materials computationally first, narrowing an enormous search space down to the handful of candidates actually worth synthesizing in a lab. The commercial product is called the AI Materials Foundry, and CuspAI says it now has more than 45 partners feeding real-world problems and validation data into the platform, including NVIDIA, Meta, Samsung, Hyundai Motor Group, Applied Materials, Tokyo Electron, and Lam Research. That partner list is the tell: this is squarely aimed at the semiconductor and advanced-manufacturing supply chain, where a single better dielectric, coating, or thermal interface material can be worth billions in yield and performance gains across an entire fab. From $520M to $2.6B in ten months. CuspAI's funding history is a clean case study in how fast AI-for-science valuations are compounding right now. The company raised a $30 million seed in June 2024, then a Series A of just over $100 million in September 2025 - co-led by NEA and Temasek, with NVIDIA's NVentures and Samsung Ventures both already in the cap table - that valued the company at $520 million. Ten months later, the Series B put a $2.6 billion price tag on the same business. Total capital raised across all three rounds is now roughly $580 million. That's a company that's raised more money in the last ten months than most Series C SaaS companies raise across an entire lifecycle, backing a product category - AI-designed materials - that barely existed as a venture thesis three years ago. Why Bezos and Kleiner Perkins are both in this deal. Jeff Bezos's family office, Bezos Expeditions, has been on an aggressive run backing physical-world AI companies through 2026 - it co-led Prometheus's $12 billion round at a $41 billion valuation and put capital into Flourish's $500 million round earlier this year. CuspAI fits the same thesis: AI applied to atoms, not just tokens, in categories with genuine physical-world moats rather than a thin wrapper around a foundation model API. For Kleiner Perkins and John Doerr specifically, materials discovery is also a chip-supply-chain bet. As the AI buildout runs into physical bottlenecks - advanced packaging, thermal management, next-generation dielectrics - the firms funding the compute layer have obvious reasons to also fund the materials layer that determines how fast that compute layer can actually scale. CuspAI vs. the AI-for-science funding wave, side by side. CuspAI isn't raising in a vacuum. It's part of a broader wave of large, fast rounds for AI applied to physical science and hard infrastructure that's defined mid-2026 dealmaking. | Company | Round | Valuation | Focus | | CuspAI | $450M Series B | $2.6B | AI materials discovery | | ICEYE | $450M Series F | $10B | Sovereign space intelligence | | Proxima Fusion | $411M | $2.4B | Fusion energy | | Crusoe | $3B round | $30B | AI data centers | | Humanoid | $152M Series A | $1.35B | Industrial humanoid robots | Figures from TechFundingNews, Forbes, and company announcements as of July 22, 2026. Is a $2.6B valuation justified, or is this multiple expansion again? CuspAI doesn't disclose revenue, and a company this early rarely has ARR that comes close to justifying a $2.6 billion price tag on fundamentals alone. What it does have is a partner list that reads like a who's-who of chipmaking and advanced manufacturing, and a lead investor bench - Kleiner Perkins, NEA, Bezos Expeditions, AMD Ventures - that's betting the partnerships convert into paid enterprise contracts faster than the typical deep-tech company. That's the same dynamic Valueaddvc has tracked across the broader AI market all year: valuations are increasingly priced on distribution and strategic partnerships rather than trailing revenue, which is exactly the multiple expansion dynamic now showing up in categories well outside large language models. Materials science AI is a genuinely hard, capital-intensive problem with real physical-world validation cycles - but a 5x markup in ten months means the market is pricing in a lot of future contract conversion that hasn't happened yet. Bottom line: CuspAI's $450 million Series B at a $2.6 billion valuation is less a story about one Cambridge startup and more a signal about where large-check AI capital is flowing next - out of pure LLM plays and into AI applied to physical-world bottlenecks like materials, energy, and manufacturing. A 45-plus partner list including NVIDIA, Meta, Samsung, and three of the biggest names in chip fabrication gives the round real strategic logic. Whether the $2.6 billion price holds depends on how many of those partnerships turn into paying, recurring enterprise contracts before the next markup comes due. Get VC data most people never see - free. Weekly benchmarks, valuations, and fund data. No spam, unsubscribe anytime. Frequently asked questions. How much did CuspAI raise in its Series B? What is CuspAI's valuation after the Series B? What does CuspAI actually do? Who founded CuspAI?