Delays reported at Rapidus

What happened

Rapidus, Japan's state-backed effort to make 2nm chips, has reportedly failed to make a functioning 2nm SRAM, according to a Bloomberg report. The failure puts in question its targets of entering 2nm mass production in H2 2027 and IPO-ing in 2032. Rapidus has received about $13 billion from the government and $1 billion from 32 private investors, and will need about another $20 billion to get into mass production. Rapidus is still saying it is on track to meet its H2 2027 mass production target. TSMC, Samsung and Intel started 2nm mass production about a year ago, with TSMC far ahead in capacity. Questions have been raised in Japan's Diet about the wisdom of the Rapidus investment, the aggressiveness of its timeline, the huge on-going cost, the feasibility of its technical strategy and the need for a domestic source of 2nm chips.

Impact and signal

Affected components and suppliers

Source and time

Source: Electronics Weekly · 11/9/2026 · View original source