Japan's government plans to offer loan guarantees for state-backed chipmaker Rapidus. This initiative aims to support Rapidus in securing bank funding for the mass production of advanced semiconductors. Rapidus is building a 2nm chip fabrication plant in Hokkaido, with an estimated cost of ¥5 trillion yen (US$31.8 billion). The government’s support is part of a broader strategy to bolster Japan's chip, battery, and bio industries, as well as AI development and computing resources.
Japan mulls providing state loan guarantees to chipmaker Rapidus https://t.co/1RSdLgXIgd
JAPAN ECONOMY MIN. SAITO: JAPAN ACTIVELY SUPPORTS CHIP, BATTERY, AND BIO INDUSTRIES, ALSO SUPPORTING AI DEVELOPMENT AND COMPUTING RESOURCES.
Rapidus, Japan’s state-backed rival to TSMC, will receive state loan guarantees for the 2nm chip fab it’s building in Hokkaido, Nikkei reports, saying the estimated cost of the fab is ¥5 trillion yen (US$31.8 billion). Rapidus needs to place orders for production line equipment…
TSMC: Performance and Yields of 2nm on Track, Mass Production To Start In 2025 https://t.co/de1p0SxlK7 https://t.co/8C41MVrDd6
Japan's government plans to offer loan guarantees for state-backed chipmaker Rapidus as the company pursues bank funding for the mass production of advanced semiconductors. https://t.co/jQeyPugdfk
Japan's chipmaker Rapidus to get government guarantee for loans https://t.co/Z1jHEuY2sL