Rapidus, a Japanese semiconductor firm backed by eight leading corporations—among them, Toyota—has successfully achieved trial production and conducted test flows for 2nm Gate-All-Around (GAA) transistors at its Chitose, Hokkaido plant. The company intends to set the price range for its 2nm wafer foundry services between 3 million and 3.5 million yen per wafer, thereby offering a more competitive pricing structure compared to TSMC's offerings for the same process node.
In terms of securing clients, Fujitsu has already signed on as Rapidus's first commercial customer, with Japan IBM and Canada's Tenstorrent also anticipated to join the collaborative effort. Since the beginning of 2026, Rapidus has been in discussions with over 60 potential clients.
From a financial perspective, the Japanese government has allocated approximately 2.354 trillion yen in R&D support. When combined with private funding and planned future investments, the cumulative funding is expected to reach nearly 3 trillion yen by fiscal 2027.
Rapidus has outlined its production plans, aiming to manufacture 2nm test chips by the end of 2026, with an initial monthly production capacity of 6,000 wafers at the Chitose factory. The company aims to scale this up to around 25,000 wafers per month by 2028.
On the technological front, Rapidus plans to commence R&D on the 1.4nm process within 2026, with a goal of achieving mass production by 2029. The company aims to reduce the gap in mass production timing for the 1-nanometer node to approximately half a year behind TSMC, while simultaneously strengthening its partnership with IBM.