Japan plans to provide an additional $1.94B in assistance to Rapidus, a government-backed chip consortium that is working with IBM to mass produce 2nm chips (Riho Nagao/Nikkei Asia) 27-04-2023

Riho Nagao / Nikkei Asia:
Japan plans to provide an additional $1.94B in assistance to Rapidus, a government-backed chip consortium that is working with IBM to mass produce 2nm chips — Money going to R&D, including dispatching of engineers to IBM — Rapidus is a key piece of Japan’s efforts to bring advanced semiconductor manufacturing back to the country.