** Japan Unveils $65 Billion Plan to Boost Domestic Chip Industry

The Japanese government has announced a $65 billion plan to support its domestic chip and artificial intelligence industries. The initiative, which aims to secure 50 trillion yen in investments over the next decade, includes subsidies and financial incentives for companies such as Rapidus, a chip foundry venture. The plan is part of a broader economic package aimed at strengthening control over Japan's chip supply chain.

**

Source: https://www.wionews.com/business-economy/japan-unveils-65-billion-plan-to-aid-domestic-chip-industry-775487