Japan eyes $13bn in aid for chips, generative AI in stimulus budget

TSMC, Rapidus and Intel projects to receive support under METI proposal

Nikkei -- Nov 09

Japan's government will seek 2 trillion yen ($13.2 billion) in budget funding to support chip production and advances in generative AI technology, including more aid for Taiwan Semiconductor Manufacturing Co. (TSMC).

The Ministry of Economy, Trade and Industry (METI) seeks about 650 billion yen in a proposed supplementary budget for Japanese chipmaker Rapidus' prototype production line and an Intel research center, as well as support for advanced semiconductor designs. ...continue reading