
Toilet manufacturer Toto has seen its shares soar at their most rapid pace in five years, as it benefits from AI memory market tailwinds. The Japanese sanitaryware maker might be one of the most unlikely beneficiaries of the AI boom. However, its ceramics expertise is useful in semiconductor manufacturing. Specifically, according to the Japan Times, Goldman Sachs analysts are crediting the 11% stock surge yesterday to Toto’s electrostatic chucks used in NAND chipmaking.
