Japan's Rapidus to build cutting-edge 1.4-nm chip plant in race with TSMC

Good news! Competition is good, more competition is better! This company was only established in 2022.

"Rapidus, which aims to bring production of leading-edge semiconductors back to Japan, is set to start construction on a second plant in Hokkaido in fiscal 2027. Production of 1.4-nanometer chips -- among the world's most advanced -- is scheduled to start early as 2029, narrowing the gap with Taiwan Semiconductor Manufacturing Co., the world's largest chip foundry."

Japan's Rapidus to build cutting-edge 1.4-nm chip plant in race with TSMC - Nikkei Asia "Construction to begin in fiscal 2027, production to start as early as 2029"

Japan pledges additional $6.4bn in support for chipmaker Rapidus "Government also plans more investments to help company produce cutting-edge chips"

Supposedly, this is a picture of the company (Source)