The organizers presented this at COSCUP 25 [1]. It's both extremely ambitious and impressive. They said there are basically no restrictions on who can join -- high schoolers to postdocs, and it's completely based on personal aptitude. The fastest students can finish in a few months, and some go on for years. Students who graduate finish an actual chip that (probably among other things) runs a video game.

[1] https://coscup.org/2025/sessions/SNHFTW