Japan plans to allocate extra ~$13B in subsidies to drive investment in its chip industry, on top of previously allocated subsidies which are yet to be spent (Takashi Mochizuki/Bloomberg)

Takashi Mochizuki / Bloomberg:

Japan plans to allocate extra ~$13B in subsidies to drive investment in its chip industry, on top of previously allocated subsidies which are yet to be spent  —  – Economy Ministry seeks $12 billion in extra budget for chips  — Country chasing tech leadership as geopolitical tensions rise