A chain circuit of four‐junction logic gates consisting of all refractory junctions with niobium nitride (NbN)‐niobium (Nb) double‐layered electrodes has been fabricated with a 2.5‐&mgr;m minimum feature. A reactive ion etching technique has been used for patterning every layer such as junction electrodes, molybdenum resistors, and insulation layers. The minimum logic delay of 18 ps/gate has been obtained in the experimental circuit.