Fujifilm plans 5x production boost of 100TB magnetic storage tapes driven by skyrocketing AI storage demand — $63 million injection is the largest investment in tape for 20 years
Summary
Fujifilm will invest 10 billion yen ($63.3 million) to boost production of its 100TB magnetic storage tapes up to 5x at its Odawara plant by fiscal year 2028, its largest tape storage investment in 20 years, driven by surging AI data center storage demand.
View Cached Full Text
Cached at: 10/30/26, 03:17 AM
Similar Articles
Fujifilm to boost tape production 5x as AI fuels archiving demand
Fujifilm will invest about 10 billion yen ($63 million) to expand LTO tape production capacity fivefold by fiscal 2028, driven by surging enterprise data archiving needs from generative AI growth.
Kioxia, Sandisk to invest over $31 billion in Japan amid AI boom
Kioxia and Sandisk are investing over $31 billion in Japan to boost semiconductor production amid the growing AI demand.
Micron Invests $10 Billion in AI Memory Research (2 minute read)
Micron Technology is investing $10 billion over a decade in a new Boise research lab to advance AI memory technologies amid rising demand for AI infrastructure.
TSMC is accelerating Arizona factory build-out to capitalize on AI ‘megatrend,' CFO says (5 minute read)
TSMC CFO says the company is accelerating its Arizona factory build-out with an additional $100 billion investment to meet surging AI-driven demand, raising total U.S. investment to $265 billion.
@FinanceYF5: 1/ In less than a year, large tech companies have provided up to $300 billion in guarantees for financing AI data cente…
Large tech companies have provided up to $300 billion in guarantees for financing AI data centers and chips, with total off-balance-sheet commitments exceeding $3.1 trillion, accelerating AI infrastructure expansion.