This company secured billions to reboot Japan's chip industry in just 4 years

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Japan is planning to get back into the semiconductor game.

Japan is looking to become a player in the semiconductor industry again after 20 years. Rapidus Corp., a newly-formed Japanese chip maker, plans to compete with Samsung and TSMC by producing 2-nanometer chips in just four years.reports that Rapidus is spending billions of dollars on building a domestic chip plant by 2027 with state backing. The newly formed chip maker has also gotten huge investments from Japanese equipment manufacturers like Sony and Toyota.

Rapidus chairman Tetsuro Higashi tells Bloomberg,"Huge opportunities are ahead of us if we can become first in the market and if we focus on making chips for specific areas, such as AI." Rapidus likely won't be the first to 2-nanometer production, but it won't be far behind. TSMC plans to fire

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