AIBloomberg1h ago
A look at Kioxia's expansion in Japan's Kitakami
A look at Kioxia's expansion in Japan's Kitakami, which helped stall the city's demographic decline and is a test of Japan's $640B AI and chips investment plan
TL;DRJapanese chip maker Kioxia's factory in Kitakami created jobs but didn't reverse the city's population decline.
Why it matters: Japan's massive $640B AI/chip bet faces real-world obstacles—factories alone won't fix demographic collapse or guarantee tech leadership.
Japan is betting $640 billion on AI and chips. But this struggling city shows the limits of that investment.
Read full articleSource: Bloomberg · Opens in new tab