Following last month’s inclusion of the largest Russian chip company, Mikron, on the US Entity List following the invasion of Ukraine, Russia has come up with a plan to spend $38 billion developing a domestic chip capability.
The plan, which is going forward for Prime Ministerial approval on Thursday, aims to have a 28nm process up and running by 2030. 28nm first went into commercial production in 2011.
The Russian chip industry has struggled for many years.