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Japan's Rapidus Secures $1.7 Billion to Challenge TSMC in 2nm Chip Race

Japanese foundry startup Rapidus raises $1.7 billion from government and private investors to fund its goal of mass-producing 2nm semiconductors by 2027. The funding aims to revitalize Japan's chip industry and position the company as an alternative to established giants like TSMC and Samsung.
27 Feb 2026 1 min read
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