Japan Commits $640M to Rapidus in Bid for Semiconductor Independence
Japan has doubled down on its semiconductor ambitions with a ¥100 billion ($640 million) equity infusion into Rapidus, the state-backed chipmaker targeting 2nm production by 2027. The MOVE signals Tokyo's determination to reduce reliance on Taiwan and other global chip hubs amid escalating geopolitical risks.
Rapidus faces formidable technical hurdles—from yield rates to equipment procurement—as it races to expand its Hokkaido facility. The funding aligns with Japan's broader strategy to secure $6.4 billion in private capital and rebuild its once-dominant chip ecosystem. A potential 2031 IPO looms as the company's ultimate litmus test.