Activist investor homes in on Japan's Ajinomoto as chip-related stock

Palliser urges food maker to raise insulating film price to ride growing AI wave

Ajinomoto is resistant to Palliser's across-the-board price hike proposal, but is open to raising some prices. (Source photos by Kyodo and Nikkei)

TOKYO -- As Japanese food maker Ajinomoto morphs into a chip stock, one investor is pushing it to charge more for a key material for semiconductor chip production amid artificial intelligence tailwinds.