Japan next-gen semiconductor venture Rapidus secures subsidy


Japan is vying with the United States and Europe to attract chipmakers with massive subsidies ahead of a predicted revolution in artificial intelligence. — Bloomberg

TOKYO: Japan announces up to US$3.9bil in fresh subsidies for next-generation semiconductor venture Rapidus, as it seeks to become a big player in the chip sector again.

Motivated by geopolitical concerns surrounding Taiwan, Japan is vying with the United States and Europe to attract chipmakers with massive subsidies ahead of a predicted revolution in artificial intelligence (AI).

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