TOKYO -- Canon opened its first chipmaking equipment plant in 21 years on Wednesday, looking to ride the artificial intelligence boom to capture demand in a market dominated by the global leader ASML Holding.
Semiconductors
Canon rides AI boom to grab a piece of ASML's domain
Japanese company opens new chip equipment plant to capture demand in back-end processes
Canon's new lithography equipment plant in Utsunomiya, Japan will begin operations in September. (Photo by Kohei Yamada)
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