Japan pledges fresh US$65 billion in support for chips and AI
Japanese Prime Minister Shigeru Ishiba pledged more than US$65 billion of fresh support for the nation's semiconductor and artificial intelligence sector as Tokyo looks to keep up with a global spending spree on cutting-edge tech.
Japan Ishiba Pledges Fresh $65 Billion Aid for Chips and AI
Japanese Prime Minister Shigeru Ishiba pledged more that $65 billion of support for the nation’s semiconductor and artificial intelligence sector over the next decade.
Japan unveils $65 bln plan to aid domestic chip industry
Japanese Prime Minister Shigeru Ishiba on Monday unveiled a $65 billion plan to boost the country's chip and artificial intelligence industries via subsidies and other financial incentives.
Japan to propose $65 billion plan to aid domestic chip industry, draft shows
Japan's government will propose a $65 billion plan to boost its chip industry with subsidies and other financial assistance over a period of "multiple years", a draft seen on Monday by Reuters showed.
Japan pledges fresh US$65 billion for chips, AI to help narrow gap with China
The US and its allies are racing to keep ahead of China in AI-powering semiconductor capabilities, seen as essential to economic security.
Japan won't raise taxes to fund $65 billion chips aid, industry minister says
Japan's government is not planning any tax hike to finance its 10 trillion yen ($65 billion) plan to support domestic semiconductor and artificial intelligence projects, industry minister Yoji Muto said on Tuesday.
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