Japan's Rapidus receives additional $940m subsidy to advance chip production
( June 5, 2026, 08:00 GMT | Official Statement) -- MLex Summary: Japan’s chipmaker Rapidus has completed an additional 150 billion yen ($943 million) investment from the government-affiliated Information-Technology Promotion Agency under the Ministry of Economy, Trade and Industry, the company said in a statement on Friday. The latest capital injection brings Rapidus’ total funding to 424.95 billion yen, as it prepares to move from research and development to full-scale 2-nanometer semiconductor production by 2027.The statement follows ...
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