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Rapidus lands $1.7B to chase 2nm chip production by 2027

Rapidus secured $1.7 billion from the government and 32 private firms to enable domestic mass production of 2nm chips by 2027, aiming to revive Japan's semiconductor industry.

Summary by The Register
: Government and 32 private-sector backers fund push to take on TSMC and Samsung at leading-edge nodes

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The Japanese government will also have a preferential action, which will give you veto power over important management decisions, with a view to strengthening the company against risks to its economic security.

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Kyodo News+ broke the news in Japan on Friday, February 27, 2026.
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