Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Japanese optical fiber giant Fujikura will invest about 1.9 billions USD, tripling production capacity to meet AI data center demand.

Japanese optical fiber giant Fujikura will invest about 1.9 billions USD, tripling production capacity to meet AI data center demand.

ChaincatcherChaincatcher2026/03/16 03:08
Show original

ChainCatcher News, according to Nikkei Asia, Japanese optical fiber cable manufacturer Fujikura announced that it will invest up to 300 billion yen (approximately 1.9 billions USD) in Japan and the United States combined, planning to expand its optical fiber cable production capacity to three times the current scale to meet the strong demand brought by the construction of artificial intelligence data centers.

This investment is one of a series of actions by Japanese material companies in response to the Japan-US economic cooperation agreement, accelerating their layout in the United States. Meanwhile, many Japanese companies are also actively following up on investments related to AI infrastructure, including JX Advanced Metals expanding AI material production capacity and Japan promoting the construction of a domestic AI chip ecosystem.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Morgan Stanley: AI capital expenditure may reach 10 to 15 trillions USD in the next 10 years

Morgan Stanley stated that capital expenditure in the artificial intelligence (AI) sector could reach $10-15 trillions over the next decade.

智通财经•2026/11/03 07:28
Morgan Stanley: AI capital expenditure may reach 10 to 15 trillions USD in the next 10 years

Refining profits surge and oil prices soar; Saudi Aramco Q3 profits grow by 9% and maintains a dividend of 21.9 billions USD.

Driven by rising refining profits and oil prices, Saudi Aramco's third-quarter profits increased by 9%.

智通财经•2026/11/03 06:57