A Japanese Toilet Company Is Surging Because It Makes Memory Chip Materials
Toto, the Japanese company best known for its high-end toilets, has seen its stock surge because it manufactures materials used in AI memory chips — a perfect illustration of how the AI boom is reshaping value chains in unexpected ways.
In the "you can't make this up" category: a Japanese toilet company has been surging on the stock market because it produces a material used in manufacturing memory chips, as @TheStalwart noted. The company in question is widely understood to be Toto, whose ceramics and materials expertise apparently extends into semiconductor supply chains.
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