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Japan Earmarks Another $944 Million for Rapidus in AI Chip Race

Bloomberg Technology Friday 21 August 2026, 09:01 UTC By Takashi Mochizuki 1 min read
Key Points

Japan’s government is allocating an additional ¥150 billion ($944 million) for chip startup Rapidus Corp., ramping up spending in a long-shot bid to compete against the likes of Taiwan Semiconductor Manufacturing Co.

Japan’s government is allocating an additional ¥150 billion ($944 million) for chip startup Rapidus Corp., ramping up spending in a long-shot bid to compete against the likes of Taiwan Semiconductor Manufacturing Co.
Japan (LOCATION) Rapidus (ORG) AI Chip Race Japan’s (EVENT) Rapidus Corp. (ORG) Taiwan Semiconductor Manufacturing Co. (ORG)
Originally published by Bloomberg Technology Read original →

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