Tokyo-based chipmaking equipment supplier Tokyo Electron plans to significantly invest in research and development (R&D) in an effort to dominate the market with its products as artificial intelligence continues to fuel growth in the industry. According to President and CEO Toshiki Kawai, this is a strategic move to stay ahead of competitors.
Source: https://asia.nikkei.com/Editor-s-Picks/Interview/AI-to-account-for-70-of-semiconductor-market-in-2030-Tokyo-Electron-CEO