Rapidus Secures $1.7 Billion in Funding to Back 2 Nm Mass Production Plans by 2027

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Rapidus raises $1.7B from Japan's government and industry to support 2 nm chip mass production by 2027 at its Hokkaido fab.

Quick Report

Rapidus has secured 267.6 billion yen ($1.7 billion) in funding from Japan's government and 32 private-sector companies, including Canon, Fujitsu, Sony, NTT, SoftBank, Honda, Kioxia, Denso, and Toyota. The capital will support mass production of 2 nm chips by 2027 at the IIM-1 fab in Chitose, Hokkaido, targeting 25,000 wafers per month.

The company has already taped out a 2 nm GAA test chip using ASML EUV tools and claims a competitive transistor density of 237 MTr/mm². Rapidus plans to continue raising funds as it moves from R&D to full-scale manufacturing, aiming to match TSMC's N2 node in logic density and global competitiveness.

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Source(s)

  • TPU
  • Rapidus