TOTO, Nitto Boseki, Ajinomoto Stocks Surge on AI Chip Component Demand
TOTO, Nitto Boseki, and Ajinomoto saw their stocks surge this year as demand for AI semiconductors boosted sales of specialized components these Japanese manufacturers produce. TOTO's stock rose 78%, Nitto Boseki's climbed 63%, and Ajinomoto's gained 61%, according to CNBC. The three companies—known respectively for bidets, glass fiber, and food seasonings—grew semiconductor-related divisions during the fiscal year ended March 31 by applying decades of material science expertise to chipmaking su
LucasBennett·7m ago
