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Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again (finance.yahoo.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again::(Bloomberg) -- Deep in the snowy northern island of Hokkaido, Japan is pouring billions of dollars into a long-shot bet to revive its chip-making prowess and insulate its economy from growing US-China tensions.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeTech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseLargest Covid Vaccine Study Yet Finds Links to Health ConditionsBiden Touts $1.2 Billion in Student L

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[–] Tristaniopsis@aussie.zone 1 points 8 months ago

I’d love it if Japan became a chip powerhouse. Not only can they defend themselves from China, they are a firm ally of the US and Europe.