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Tom’s Hardware
Tom’s Hardware
Technology
Luke James

Rapidus secures $1.7 billion from Japan’s government and private investors for 2nm chip production — company says it is in active discussions with more than 60 potential customers

RAPIDUS United States Japan Atsuyoshi Koike TSMC
Rapidus logo.

Japan's state-backed chipmaker Rapidus has announced that it has closed a ¥250 billion ($1.6 billion) funding round from the Japanese government and 30 private-sector companies, including Sony, Toyota, SoftBank, Canon, Fujitsu, Denso, Kioxia, and Seiko Epson, as the company works toward 2nm mass production at its IIM-1 foundry in Chitose, Hokkaido, by fiscal year 2027.

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(Image credit: tsmc)
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