A method for repairing a failed bit includes: acquiring a repair specification of redundancy of a chip where the failed bit is located; standardizing the repair specification of the redundancy to obtain a standardized repair specification; acquiring the position of the failed bit on the chip; processing the position of the failed bit on the chip according to the standardized repair specification to obtain standardized position of the failed bit; allocating the redundancy by the redundancy allocation algorithm according to the standardized position of the failed bit and the standardized repair specification to obtain standardized repair position of the redundancy; and restoring the standardized repair position of the redundancy to the repair a position of the redundancy on the chip according to the standardized repair specification to repair the failed bit.