What happened
JX Metals will invest a total of ¥120 billion across two sites in Ibaraki Prefecture to expand production capacity of indium phosphide substrates (semiconductor materials for optical communication) up to 10× by fiscal 2030.
Why it matters
Data centers are consuming rapidly more electricity as AI spreads. Optical communication—replacing electrical data processing with light-based transmission—can reduce that power consumption, and major US tech companies are seeking reliable suppliers. JX Metals' expansion aims to capture this demand.
What to watch
The company is targeting fiscal 2030 as the completion date for the ¥120 billion investment program across both Ibaraki sites.
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
BHP, the world's largest mining company by market capitalization, has deployed AI across its operations
Team Liquid announced a new five-year extension of its long-running collaboration with Dell Technologies' Alie…
A University of Mississippi study published in Journal of Interactive Advertising found that AI ads succeed wh…
Goldman Sachs Research says AI supply and demand won't balance until the first half of 2028
Lam Research broke ground yesterday on a new lab in Tualatin, Oregon
Visa, Mastercard, and Fiserv joined the Agentic Payments Alliance (APA), a 26-company coalition led by stablec…
