Sep 26th, 2024
Tokyo Electron on AI Demand, Tata Partnership
Tokyo Electron sees AI chip demand to double in next 5 years to $1 trillion boosted by demand from artificial intelligence, as well as other segments including virtual reality, autonomous cars. At the same time, CEO Toshiki Kawai points out the market is excessively focused on AI. Kawai tells Bloomberg's Shery Ahn that the chips curb does not diminish the fundamental importance of semiconductors and there will always be investment opportunities out there.







