Jul 9, 07:16 AM

KKR to cut stake in Japan's Kokusai Electric by half, 10 firms collaborate on chip tech for AI

Private equity firm KKR plans to reduce its stake in Japan chip tool maker Kokusai Electric by about half, cashing in on the company's strong performance. This move comes as 10 Japan and U.S. firms collaborate to develop chip technology for AI.

#KKR #Japan #Kokusai Electric

Written with ChatGPT (GPT-3).

Sources

Reuters Tech News@ReutersTech
2 years ago
Exclusive: KKR to cut stake in chip tool maker Kokusai Electric https://t.co/D7WmTxf2Ps https://t.co/4erMXkGa9l
Markets Today@marketsday
2 years ago
Private equity firm #KKR plans to cut its stake in Kokusai Electric, cashing in after a blistering run for shares in the Japanese chip equipment maker
Reuters@Reuters
2 years ago
Exclusive: Private equity firm KKR plans to cut its stake in Kokusai Electric, cashing in after a blistering run for shares in the Japanese chip equipment maker https://t.co/oX75xYKv02

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KKR to cut stake in Japan's Kokusai Electric by half, 10 firms collaborate on chip tech for AI

Sources

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