➀ Rapidus is negotiating with Japanese banks to fill a $7 billion funding gap for its 2nm chip production plans. ➁ The company aims to set up a pilot line by 2025 and a mass production line by 2027, with an estimated total cost of $21 billion. ➂ Rapidus is also seeking additional investments from its initial backers and has secured $6.3 billion from the Japanese government.
Related Articles
- Rapidus wrestles with funding issues3 months ago
- Rapidus gets EUV machine5 months ago
- Japan's Government to Invest in Semiconductor Company Rapidus8 months ago
- Rapidus raises another$175m but $20bn+ still needed8 months ago
- January chip sales up 17.9% y-o-y3 months ago
- IBM and GloFo settle dispute5 months ago
- 2025’s Big Question5 months ago
- Rapidus funding questioned5 months ago
- TSMC starts volume production in Japan5 months ago
- Rapidus and Synopsys deliver shortened design cycle6 months ago