Japan’s Rapidus Lands $1.7 Billion to Accelerate Chip Ambitions

Rapidus has secured approximately ¥267.6 billion, which is around $1.7 billion, in new funding from the Japanese government and dozens of private companies to accelerate its push into advanced semiconductor manufacturing. This fresh investment marks a significant milestone for Japan’s efforts to build a domestic semiconductor industry capable of producing the most advanced logic chips in the world. The government’s backing, along with private sector contributions, reflects national urgency to regain leadership in high-end chip production.