IBM and Rapidus have agreed to work together to create cutting-edge semiconductors

On Tuesday, Rapidus Corp, a new semiconductor manufacturer in Japan, and IBM Corp announced a strategic collaboration agreement to work together on developing technology for manufacturing next-generation computer chips, amid intense competition between the United States and China.

Japanese government-backed chip company Rapidus plans to begin domestic production of 2-nanometer chips in 2027 in collaboration with the U.S. tech titan t....