.text section is larger than specified size

I am setting up Segger Embedded Studio on my M2 Macbook and running in issues.

I downloaded S140 (nRF5_SDK_17.1.0_ddde560) and upon the build, I see the following errors. Does it have to do with the Segger version i have?

12> /Applications/SEGGER Embedded Studio for ARM 7.20/gcc/arm-none-eabi/bin/ld: error: .text section is larger than specified size
12> /Applications/SEGGER Embedded Studio for ARM 7.20/gcc/arm-none-eabi/bin/ld: error: .rodata section is larger than specified size


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