Japan is investing billions in a major chip-making project in Hokkaido, aiming to revive its semiconductor industry in the face of US-China tensions. The government is betting on Rapidus Corp., a new venture looking to produce cutting-edge 2nm chips by 2027. Japan is offering generous subsidies to attract foreign chipmakers and support domestic production. Despite doubts and challenges, Rapidus hopes to carve out a niche in the market with its innovative technology. The global chip shortage and geopolitical uncertainties are driving Japan’s urgent push to bolster its semiconductor capabilities for economic security and potential defense purposes.
https://finance.yahoo.com/news/japan-bets-67-billion-become-210013021.html