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Stock in a Japanese company that makes MSG is up 29% this year to a record high as it expands its push into the semiconductor industry

2 monthes ago   |   By Business Insider

AjiPanda is the ambassador of Japanese food company Ajinomoto Group. Ajinomoto Group
Ajinomoto Group, which makes food seasoning products including MSG, saw its stock jump to a record high this week.
The company also makes semiconductor material. Shares jumped as the CEO spoke of expansion plans.
Ajinomoto researchers found it could repurpose co-products from its unami seasoning manufacturing process for use in electronic materials.
Shares of a Japanese company known for its monosodium glutamate seasoning hit a record high this week as investors latched onto plans to ramp up focus on...
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