AI to account for 70% of semiconductor market in 2030: Tokyo Electron CEO

AI to account for 70% of semiconductor market in 2030: Tokyo Electron CEO AI to account for 70% of semiconductor market in 2030: Tokyo Electron CEO

TOKYO — Chipmaking equipment supplier Tokyo Electron will spend aggressively on R&D to achieve the top market share for its products as artificial intelligence continues to drive industry growth, President and CEO Toshiki Kawai said in a recent interview with Nikkei.

Edited excerpts from the interview follow.