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Rapidus yet to make working SRAM, putting March 2028 2nm target at risk
People familiar with Rapidus told Bloomberg, in a report carried by The Japan Times, that the government-backed foundry has not produced functioning SRAM cells, a summer 2026 step tied to its March 2028 2-nanometer mass-production goal.
Japanese government-backed chip startup Rapidus has not produced functioning static random-access memory cells, a step people familiar with the matter said had to be completed by summer 2026 to keep a March 2028 target for 2-nanometer mass production, The Japan Times reported, citing Bloomberg1.
Those people said Rapidus has fallen behind on its pledge to start mass production of cutting-edge chips by March 2028 and may no longer be able to meet that deadline1.
SRAM is an essential component of processors, and the failure to meet that milestone means the company is at least months behind schedule, the people said, speaking on condition of anonymity because the information is not public1.
The Japan Times, carrying Takashi Mochizuki's Bloomberg report, said Rapidus has received billions of dollars in public funds1.
WhatsNewPaper could not independently verify later details of the Bloomberg story, including any on-record company response, because The Japan Times truncated the article behind a paywall and Bloomberg's original page was not readable without a subscription1.