Report
Japan's machine tool order backlog hits all-time high amid AI demand
Nikkei Asia says Shibaura Machine and other makers are scrambling to raise output of chip and aerospace equipment.
TLDR
Nikkei Asia reports that Japanese machine tool makers' order books are fuller than ever as suppliers work to meet demand for equipment used to produce chips and other AI hardware. It says Shibaura Machine and others are scrambling to raise output of chip and aerospace equipment, while Citizen Machinery plans to install automated equipment at its Miyota plant to keep up with orders.
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