Though rising sales of AI-specific devices, Ibiden recently changed its profit projection due to declining demand for server-related components in non-AI applications. Kawashima voiced hope for overcoming these obstacles by means of strategic alliances and creativity.

Ibiden Co., the dominant supplier of chip package substrates used in Nvidia Corp.’s cutting-edge semiconductors, may need to dial up the pace of production capacity increases to keep up with demand, according to its chief executive officer.

Japan's Ibiden could need to increase the pace of production capacity to keep up with demand, Bloomberg News reported, citing the electronics company's CEO Koji Kawashima. Ogaki, Gifu prefecture-based Ibiden is a major supplier of chip package substrates used in Nvidia's (NASDAQ:NVDA) cutting-edge chips.