Japan plans JPY400 billion boost for Rapidus 2nm push

Japan plans to provide an additional JPY400 billion (US$2.5 billion) to support Rapidus' advanced semiconductor production between fiscal 2027 and fiscal 2029, as the government seeks to achieve mass production of 2nm chips in fiscal 2027. Japan's Ministry of Economy, Trade and Industry (METI) presented the latest policy on October 19, according to reports from Reuters, Nikkei Asia , and BigGo Finance . The funding would be provided as an industrial investment between April 2027 and March 2030.