Tokyo Electron (TYO:8035) plans to expand its U.S. manufacturing footprint to match the scale of its operations in Japan, Nikkei Asia reported Thursday.

The goal is for the U.S. base to measure up to the size, scope, scale and capability of the domestic base of the Japanese chip toolmaker, Mark Dougherty, president of Tokyo Electron America, reportedly said.

The move comes on the back of the increasing chip production in America, fueled by AI demand and the U.S. Government's on-shoring efforts, the newspaper reported.

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