Nikon reports Q1 revenue up 8.6% YoY to $1.1B, profit down 78% YoY to ~$23M, and shipping four lithography machines, compared to eight in 2022; NINOY drops 11% (Debby Wu/Bloomberg)

Debby Wu / Bloomberg:
Nikon reports Q1 revenue up 8.6% YoY to $1.1B, profit down 78% YoY to ~$23M, and shipping four lithography machines, compared to eight in 2022; NINOY drops 11%  —  – Nikon supplies mature chipmaking machines to Intel, TSMC  — Chip industry sales have been hit by glut, economic headwinds