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Rapidus to Develop 1nm Process Technology With Leti and the University of Tokyo
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Rapidus was created last year and only started clearing the plot of land to build their first fab in September. Talking about 1nm production is putting the cart before the horse, they aren't expecting their first 2nm node to be in production until 2027. Let's not forget that GloFo had decades of experience, bought IBMs fabs, and had an EUV machine and still called it quits on pursuing the leading edge after years of failing. Intel had numerous issues with 10nm, and TSMC and Samsung are now struggling with 3nm. Point being, talk is cheap and execution is extremely hard in the industry.
They talk about production only insofar that production will be possible when they have developed the required technology.
Developing technology that enables production of the next smaller node takes increasingly more time, so starting to develop that technology now is appropriate if you want a chance of having it 10 to 15 years down the road.