** Japan Unveils $65 Billion Plan to Boost Domestic Chip Industry
The Japanese government has announced a $65 billion plan to support its domestic chip industry through subsidies and financial incentives. The initiative aims to strengthen control over the country's chip supply chain, which has been affected by global trade tensions. The plan will provide 10 trillion yen ($65 billion) in support by fiscal 2030 and target suppliers of chips for artificial intelligence.
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Source: https://www.wionews.com/business-economy/japan-unveils-65-billion-plan-to-aid-domestic-chip-industry-775487