According to CoinMeta, Rapidus, a chip startup supported by the Japanese government, is falling behind on its key commitment to achieve mass production of advanced chips by March 2028 and may struggle to meet this goal on time. Sources familiar with the matter reveal that this startup, which has received billions of dollars in public funding, has not yet successfully produced static random access memory (SRAM) units that can function properly. As planned, this critical step should have been completed this summer in order to produce 2-nanometer chips on time. Engineers are under immense pressure to speed up the process, but failing to reach this technological milestone means that the company is at least several months behind schedule.