Skip to main content

This link is exclusively for students and staff members within this organisation.

Unauthorised use will lead to account termination.

Previous

Question and answer: Unemployment and supply-side policy

ECONOMICS INNOVATIONS

The marvel of microchips

In this article, Chris Jones explores the opportunities and risks presented by the development of semiconductors

© Szasz-Fabian Jozef/stock.adobe.com

Microchips, also known as integrated circuits (ICs), are the building blocks of modern electronics. They are composed of semiconductor materials, typically silicon, which house billions of transistors in a compact space. These transistors act as the fundamental switches that enable the complex processing tasks of your mobile phones and computers.

The evolution of microchips dates back to the 1950s, when Jack Kilby of Texas Instruments and Robert Noyce of Fairchild Semiconductor International Inc. independently developed the first integrated circuits. These early microchips revolutionised electronics by allowing for the miniaturisation of circuits, paving the way for the modern computing era.

Your organisation does not have access to this article.

Sign up today to give your students the edge they need to achieve their best grades with subject expertise

Subscribe

Previous

Question and answer: Unemployment and supply-side policy

Related articles: