Market Chatter: Rapidus in Talks with Potential Clients for Advanced Chips Mass Production

MT Newswires Live
07 Apr

Japan's Rapidus is in talks with around 50 potential clients, including AI startups, for the mass production of advanced chips by 2027, Nikkei Asia reported Saturday, citing CEO Atsuyoshi Koike.

A prototype line in Hokkaido has begun partial operations and is expected to be fully running within weeks, the report said.

Koike said "we are in discussions with GAFAM [Google, Apple, Facebook, Amazon and Microsoft] and startups that design chips for artificial intelligence," Nikkei reported.

In a statement posted on its website on April 7, the semiconductor company clarified that the reference to "GAFAM" companies was intended as an example of the types of organizations it is in discussions with, and not a disclosure of specific customers.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10