Rapidus Likely to Miss 2-Nanometer Chip Production Deadline

Rapidus Corp. is likely to miss its March 2028 target for the mass production of 2-nanometer chips. The Japanese government-backed startup has received billions of dollars in public funding to develop these cutting-edge semiconductors but has fallen behind its established schedule.

The company failed to produce functioning static random access memory (SRAM) cells, which are critical components for all processors. Sources familiar with the matter indicate that Rapidus needed to achieve this specific milestone by the summer to maintain its production timeline.