Key facts
- Activist investor Palliser is urging Japanese food maker Ajinomoto to increase prices for its semiconductor chip production materials.
- The investor cites growing demand driven by the artificial intelligence wave.
- Ajinomoto is reportedly resistant to an across-the-board price hike but open to raising prices on some products.
- The company is increasingly seen as a 'chip stock' due to its role in semiconductor production.
Activist investor Palliser is urging Japanese food maker Ajinomoto to capitalize on the growing artificial intelligence trend by increasing prices for a key material used in semiconductor chip production. The investor believes Ajinomoto should charge more for its insulating film, a component crucial for AI-driven chip manufacturing.
While Ajinomoto has expressed resistance to a comprehensive price increase across all its products, the company is reportedly open to selectively raising prices for certain items. This development comes as Ajinomoto is increasingly being viewed as a 'chip stock' due to its significant role in the semiconductor supply chain.