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NTT, Toyota lead record year for Japan capex with AI, factory investments
Nippon Steel and Honda also spend big to retool production
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An NTT Data Group data center in Japan. (NTT Global Data Centers Japan)
TOKYO -- Capital spending by big Japanese companies is on track to reach an all-time high this fiscal year, propelled by investment in data centers, chipmaking, power grids and other fields related to artificial intelligence.
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