AI-driven wealth boom sweeps through the chip industry: South Korean company employees win huge bonuses, Kainix chairman's salary soars nearly 15 times.

According to the financial news app Smart Finance, due to the sharp increase in demand for global artificial intelligence (AI) related chips, the salaries of executives at Japanese storage manufacturer Kaito have significantly increased. According to the company's annual securities report, for the fiscal year ending in March, Chairman Stacy Smith's salary increased nearly 15 times, totaling 4.4 billion yen (approximately 27 million US dollars). Former President Nobuo Hayasaka's salary increased by more than 6 times, reaching 794 million yen. Hayasaka stepped down in April, transferring leadership to Hiroo Ota. The number of executives at Kaito with salaries totaling or exceeding 100 million yen remains unchanged at two.