Rapidus SRAM development hits a snag, with the 2027 fiscal year 2nm mass production target facing challenges

Rapidus failed to meet the SRAM development milestone on time, leading to challenges in its 2027 fiscal year 2nm chip mass production target. SRAM is a critical component for advanced chips and is crucial for AI chip performance. Rapidus has not yet produced usable SRAM, and the schedule originally set for summer 2026 has been delayed by several months. The company has committed to fully accelerating efforts to achieve mass production in the second half of the 2027 fiscal year.