financetom
Technology
financetom
/
Technology
/
Japan's Kishida expects more US chip collaboration opportunities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Kishida expects more US chip collaboration opportunities
Apr 9, 2024 10:54 AM

WASHINGTON, April 9 (Reuters) - Japanese Prime Minister

Fumio Kishida said on Tuesday he saw opportunities for more

collaboration with the United States in next-generation computer

chips.

Kishida made the comment a day before a summit with U.S.

President Joe Biden that will focus on boosting economic and

defense ties to offset China's growing might.

U.S. tech giant Microsoft ( MSFT ) said on Tuesday it would

invest $2.9 billion over two years to expand its cloud and AI

infrastructure in Japan, its largest investment in the 46 years

it has operated in the Asian country.

Speaking at a roundtable on critical and emerging

technologies hosted by the U.S. Chamber of Commerce in

Washington, Kishida referred to chip foundry venture Rapidus.

"In the semi-conductor field, Rapidus is partnering with a

U.S. company in research and development of next generation

chips," Kishida said.

"There will surely be more such opportunities for

collaboration between Japan and the United States."

Rapidus is targeting mass production of cutting-edge chips

on Japan's northern island of Hokkaido from 2027 in partnership

with IBM ( IBM ) and Belgium-based research organisation Imec.

Japan's industry ministry said this month it had approved

subsidies worth up to 590 billion yen ($3.9 billion) for the

chip foundry venture as Tokyo pushes forward with plans to

rebuild the country's chip manufacturing base.

Kishida did not mention China in his brief address to the

chamber, but said of the U.S. and Japan: "It is increasingly

important for our two countries to build resilience in our

economies and together drive growth for the global economy."

The allies are looking to strengthen their control over chip

supply chains given concerns about China's intentions towards

the self-ruled island of Taiwan, which produces the world's most

cutting-edge chips.

China claims Taiwan as it own and has not ruled out using

force to bring it under its control.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Data Center Construction Market Size Worth USD 445.15 Billion by 2032, Exclusive Report by Maximize Market Research
Data Center Construction Market Size Worth USD 445.15 Billion by 2032, Exclusive Report by Maximize Market Research
Mar 23, 2026
PUNE, India, March 23, 2026 /PRNewswire/ -- According to Maximize Market Research, the Global Data Center Construction Market is expected to expand significantly, reaching an estimated USD 445.15 billion by 2032 from USD 288.34 billion in 2025, exhibiting a healthy CAGR of 6.40% from 2026 to 2032. This sustained growth reflects robust demand for high‑performance infrastructure driven by escalating digital services adoption,...
Leica Biosystems Solidifies Leadership in Digital Pathology with Launch of Next-Generation Aperio GT Elite Scanner and Aperio iQC Software
Leica Biosystems Solidifies Leadership in Digital Pathology with Launch of Next-Generation Aperio GT Elite Scanner and Aperio iQC Software
Mar 23, 2026
VISTA, Calif., March 23, 2026 /PRNewswire/ -- Leica Biosystems, a Danaher Company and a global leader in anatomic pathology solutions, continues to enhance digital pathology workflows with the US launch of the Aperio GT EliteTM scanner, along with Aperio iQC software incorporating unique rescan functionality. Together, these next-generation innovations deliver unmatched speed, intelligence, and workflow certainty to help accelerate slide processing...
Nokod Security Named Winner of the Coveted Global InfoSec Awards during RSAC Conference 2026
Nokod Security Named Winner of the Coveted Global InfoSec Awards during RSAC Conference 2026
Mar 23, 2026
Nokod Wins Most Promising No-Code Security Award in 14th Annual Global InfoSec Awards at #RSAC 2026 BOULDER, Colo., March 23, 2026 /PRNewswire/ -- Nokod, the cybersecurity platform securing AI and apps built by citizen developers and business users, today announced that it won the Most Promising No-Code Security award from the Global InfoSec Awards, part of the Cyber Defense Magazine (CDM),...
AI Inference Software Innovator Gimlet Labs Ushers in New Era of Breakthrough AI Performance for Frontier Labs and Leading AI Companies With $80 Million in Series A Funding Led by Menlo Ventures
AI Inference Software Innovator Gimlet Labs Ushers in New Era of Breakthrough AI Performance for Frontier Labs and Leading AI Companies With $80 Million in Series A Funding Led by Menlo Ventures
Mar 23, 2026
SAN FRANCISCO, March 23, 2026 (GLOBE NEWSWIRE) -- Gimlet Labs, the Applied AI research and product company, today announced that it has seen record demand for its agent inference cloud since the company emerged from stealth five months ago with eight-figure revenues. Gimlet Labs has tripled its customer base and added one of the top three frontier labs as well...
Copyright 2023-2026 - www.financetom.com All Rights Reserved