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Japan's Chip Spree Aims to Kick Economy Into High Gear

(Bloomberg) Japanese Prime Minister Fumio Kishida’s ambitious ￥4 trillion ($27 billion) spending spree to revive the nation’s semiconductor industry also aims to help re-orient the economy back to a positive growth cycle sought by the government and central bank.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Stocks Fall Before Nvidia’s Must-Watch ....

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Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again

Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again
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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 BloombergNvidia Rises Most in About Nine Months as AI Drives SalesUS Unveils Fresh Sanctions on Russia After Navalny’s DeathT-Bills Without Tax Bills? This Fund Says It Cracked the CodeUS Lands on Moon in Historic Feat for Private SpacecraftBezos, Nvidia Join OpenAI in Fundi ....

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