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Nvidia’s trillion-dollar dinner and a fight for AI users in China

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Greetings from Katey here in Tokyo, where a snowy Sunday election has come and gone, leaving Prime Minister Sanae Takaichi with a resounding victory and a long to-do list.

Somewhere on that list, which includes tackling a cost-of-living crisis and managing an unusually challenging relationship with the US, are Japan’s high-tech ambitions. Successive governments have made a renaissance of Japanese chipmaking a key priority, most notably by pouring billions of dollars into start-up Rapidus.

So it must have been extremely welcome news for Takaichi when CC Wei, chief executive of Taiwan Semiconductor Manufacturing Company, arrived in Tokyo last week to discuss plans for upgrading his company’s second chip plant in Kumamoto, Japan.

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