Japan will invest ¥100 billion yen (US$640 million) in National chip champion Rapidus, media report, citing Tokyo officials that called its success vital to the national interest. Rapidus is a state-backed venture to build an advanced chip foundry, and it could compete with TSMC in the near future. $Taiwan Semiconductor(TSM.US) #Rapidus #Semiconductors
Source: Dan Nystedt
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