Rapidus Gets $4 Billion More: Japan's $15 Billion Bet on Homegrown Chips Faces Global Subsidy War
Japan's METI officially approved an additional $4 billion for Rapidus, bringing total government support to $15 billion. We analyze Japan's 2nm chip ambitions alongside the US CHIPS Act, EU Chips Act, TSMC's Kumamoto expansion, and the critical challenge of finding customers.