Ushio Partners with Applied Materials to Develop Advanced Chips for AI Computing

Shares Soar as Ushio and Applied Materials Join Forces

Ushio, a renowned Japanese lighting-and-optical-devices specialist, has recently announced a strategic collaboration with Applied Materials to introduce groundbreaking technology for the production of advanced chips used in artificial intelligence (AI) computing.

On Wednesday, Ushio's stock witnessed a remarkable surge of 12% during afternoon trading, marking its most significant one-day gain in over two years. This increase contributed to the stock's year-to-date gains, which now stand at an impressive 32%.

The Power of Partnership

Applied Materials, listed on Nasdaq, and Ushio, headquartered in Tokyo, disclosed their plans ahead of Japan's market opening. The companies aim to jointly promote a digital lithography system that facilitates the integration of chips with sub-micron wiring. This innovative collaboration seeks to address the growing demand for larger chips with enhanced functionality, driven by the expansion of AI workloads.

According to the agreement, Applied Materials will focus on further research and development of this cutting-edge technology, while Ushio will work diligently to expedite its adoption across the industry.