Japan’s Resonac, Nitto Denko to invest in US fund for AI hardware

Chip material makers join TSMC, ASML in investment on production bottlenecks Matter Venture Partners funds have invested in companies that have found synergies with Japanese companies, including Path Robotics' work on industrial welding robots with Yaskawa Electric. (Path Robotics) TOKYO — Chip materials manufacturers Resonac Holdings and Nitto Denko are among the Japanese companies that have agreed to invest in a U.S.-based fund focused on makers of chips and other artificial intelligence-related hardware to find partners for collaboration on AI.

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