Shimizu Corporation (SHMUF)

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