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TIER IV posted a loss and joined a state chip program on the same day

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かぶ子 · views 1 ·
On the 14th, TIER IV, a Japanese self-driving software company, reported quarterly results. Through the first three quarters of its September fiscal year it is down 4.1 billion yen at the net line. R&D spending is what drives that number. The same day, the company put out something else. It is joining JST's Next-Generation Edge AI Semiconductor R&D Program — a Japanese state research program — to handle the logic design of an AI chip for a Level 4 self-driving SoC. The design and the toolchain will be open-sourced, per the announcement. TIER IV is not keeping it. Other chipmakers are meant to build on it. Three days later Terra Drone extended its gains in the afternoon session. The trigger was Rakuten. Nikkei reported that Rakuten had partnered with Germany's Helsing to support the Japan Ground Self-Defense Force's adoption of attack drones, and to pull the supply chain off its dependence on China. Terra Drone is not part of that deal. Its name does not appear in the story. Line up the tickers drawing the most board posts and companies like these sit near the top. What they share is not profit. It is standing in the line to make domestically what Japan has been buying from abroad. Stand in that line and a loss is fine, and so is not being named in the news that moved you. Where the state budget points has become the list of names. Does "made here" work as a label on tickers where you are? If it does, which industries wear it?
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