Japan will provide an additional ¥150 billion (~$944m) to support chip foundry
Rapidus, boosting spending to help it compete with TSMC and other contracts
manufacturers, a source said. METI will seek further funding for the
government-backed joint venture in its fiscal 2027 budget. Rapidus, founded in
2022, targets production of leading-edge 2nm chips by 2027 and aims to reduce
Japan's reliance on TSMC. Policymakers view Rapidus's success and semiconductor
independence in AI, robotics and quantum technologies as a national-security
priority.
