Tokyo Electron Ltd. has reaffirmed its annual outlook and revealed plans to build a new ¥104 billion ($681 million) plant, signalling the company’s expectation for sustained artificial intelligence (AI) spending. The announcement
Honda Motor’s U.S.-listed shares surged nearly 6% in premarket trading following reports that the Japanese automaker’s proposed merger with Nissan is at risk due to a last-minute structural change introduced by Honda.
