The Japanese government announced plans to invest up to $21 billion (approximately ¥3.3 trillion) in semiconductor plants to be built in New York State, United States, as the third round of investment in the country. The investment is intended to strengthen the semiconductor industry supporting AI development.
The Japanese government announced that, as the third round of investment in the United States, it would invest up to $21 billion in semiconductor manufacturing plants to be built in New York State. The investment is expected to amount to approximately ¥3.3 trillion, adding to previous agreements.
Minister of Economy, Trade and Industry Akazawa (赤沢) described the significance of Japan and the United States working together to secure a competitive advantage in the AI era, and expressed the view that support for the semiconductor industry would also contribute to Japan’s economic security.