Kishida Courts US Investment in AI and Chips, Seeks Economic Revival
• Japanese PM Kishida appeals to US companies to invest in Japan's AI, semiconductors, and clean energy sectors
• Microsoft announces $2.9B investment to expand cloud and AI infrastructure in Japan
• Closer US-Japan business ties amid efforts to modernize political and military alliance
• Japan seeks comeback in semiconductors, approving subsidies for IBM-backed chipmaker Rapidus
• Kishida hopeful about ending Japan's era of deflation and "cost-cutting mentality" by 2024