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Japan's Toilet Giant TOTO Emerges as an Unforeseen Victor in the AI Chip Boom
21 hour ago /
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Author：小编
It may seem far - fetched, but TOTO, a Japanese enterprise renowned for its toilets, has unexpectedly found itself riding the wave of the AI chip boom. On January 22, on the Tokyo Stock Exchange, its stock price experienced a meteoric rise, soaring by 11% at one stage. By the end of the trading day, it had climbed 9.72%. This marked the company's largest intraday gain since February 2021, and it had already racked up a 20% increase since the start of the year. The driving force behind this surge is the heightened demand for electrostatic chucks, which are manufactured by TOTO. These chucks play a crucial role in the production of NAND memory chips, and their popularity has soared in tandem with the AI chip craze.
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