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Japan s Semiconductor Push Aims to Bolster Nvidia s Key Supplier TSMC With $10B Subsidy - Taiwan Semiconductor (NYSE:TSM)

Japan looks to dole out an additional 1.49 trillion yen ($10 billion) in subsidies for two key semiconductor projects.

Markets Today: Stocks Under Pressure as Alphabet Earnings Disappoint

In Boost for Chip Ambitions, Japan Inks $1 3 Billion in Subsidies for Micron Plant

(Bloomberg) Japan’s government approved as much as ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.’s Hiroshima factory, part of Tokyo’s efforts to bolster next-generation chip production at home.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig

In Boost for Chip Ambitions, Japan Inks $1 3 Billion in Subsidies for Micron Plant

In Boost for Chip Ambitions, Japan Inks $1 3 Billion in Subsidies for Micron Plant
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In boost for semiconductor ambitions, Japan approves US$1 3 billion in subsidies for US chip firm Micron s plant in Hiroshima

The subsidies will help US chip maker Micron install Dutch firm ASML’s extreme ultraviolet lithography equipment to make advanced semiconductors in Japan.

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