chip
noun [ C ]
IT uk/tʃɪp/ us(also microchip); (also silicon chip)a very small piece of electronic equipment that is used in computers and other electronic equipment for performing many tasks:
The company's chips are designed to deliver low power consumption and high performance, and are intended for mobile devices.
Today you can put over a hundred million transistors on a tiny little computer chip.
As prices for memory chips fell in recent months, the computer maker slashed prices on its products.
See also
bargaining chip
blue chip noun
red chip